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SustainX
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Developer of compressed air energy storage technologies that can be sited flexibly

Founded in 2007
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Company type Out of Business Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Seabrook, NH Seabrook, United States
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Date Company
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Date Partner Type
04/16/2012
University of Minnesota University of Minnesota
SustainX licensed energy storage technology from the University of Minnesota's Office for Technology Commercialization.
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IPO INFORMATION

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Date Investors Type Amount
05/03/2011 RockPort Capital Partners RockPort Capital Partners (1)
Post-money valuation of
This financing was part of a round expansion.
Series B $5,600,000
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