Startup · United Kingdom
Gravitricity
HQ Edinburgh, United KingdomFounded 201111-50 employeesUpdated
Discover Gravitricity's innovative gravity energy storage and underground hydrogen storage technologies.
Funding11 rounds · ~$3.8M
- Equity raised
- ~$3.8M
- Debt, secondaries & grants
- £825K
- Latest
- UndisclosedSeed · Jun 4, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Jun 4, 2024 | Seed | Undisclosed | — | — | — | Speculative |
| May 2, 2023 | Seed | ~$1.0M | — | — | — | Reported |
| Nov 24, 2022 | Grant | Undisclosed | — | — | — | Speculative |
| Feb 23, 2022 | Grant | Undisclosed | — | — | — | Speculative |
| Aug 27, 2021 | Undisclosed | $2.8M | — | — | — | Reported |
| May 10, 2021 | Seed | Undisclosed | — | — | — | Speculative |
| May 15, 2020 | Undisclosed | Undisclosed | — | — | — | Speculative |
| Apr 2, 2020 | Undisclosed | Undisclosed | — | — | — | Speculative |
| Feb 7, 2018 | Undisclosed | Undisclosed | — | — | — | Speculative |
| 2017 | Grant | £175K | — | Innovate UK | — | Reported |
- SeedSpeculativeUndisclosedJun 4, 2024
- Seed~$1.0MMay 2, 2023
- GrantSpeculativeUndisclosedNov 24, 2022
- GrantSpeculativeUndisclosedFeb 23, 2022
- Undisclosed$2.8MAug 27, 2021
- SeedSpeculativeUndisclosedMay 10, 2021
- UndisclosedSpeculativeUndisclosedMay 15, 2020
- UndisclosedSpeculativeUndisclosedApr 2, 2020
- UndisclosedSpeculativeUndisclosedFeb 7, 2018
- GrantLed by Innovate UK£175K2017
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems2
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Power, grids and energy storage | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Gravity energy storage and underground hydrogen storage technologies; no defense use is stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Gravity energy storage and underground hydrogen storage technologies; no defense use is stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People3
| Person | Role |
|---|---|
| Charlie Blair · LinkedIn ↗ | Managing Director & Co-Founder |
| Martin Wright · LinkedIn ↗ | Chairman & Co-Founder |
| Peter Fraenkel · LinkedIn ↗ | Director & Co-Founder |
Sources8
Profile2
- 1
Gravitricity · Supports Organization · description, Organization · name, Organization · website
“Discover Gravitricity's innovative gravity energy storage and underground hydrogen storage technologies.”
- 2
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "UK", "hq_iso2": "GB", "id": "935a98f1-446b-4ccb-923c-8ae05ad39723"}”
Systems1
- 3CompanyTechnology
Gravitricity · Supports System
“Our **H2FlexiStore** underground hydrogen storage technology uses the geology of the earth to contain pressurised fuel gas, allowing safe, large-scale storage underground, close to the point of demand”
Funding4
- 4
UKTN · May 2, 2023 · Supports Funding round · amount
“has secured nearly £829,000 from a crowdfunding raise”
- 5CompanyGravitricity - Case study
GOV.UK · Supports Funding round · amount
“The initial grant of £175,000 from Innovate UK solidified the concept in 2017.”
- 6
Tracxn · Supports Funding round, Organization · ownership
“May 10, 2021”
- 7
LinkedIn · Supports Funding round, Organization · employee range, Organization · founded year, Organization · hq city, Organization · hq region, Organization · linkedin url
“funding round: Venture Round, 2021-08-27, USD 2,793,175”
People1
- 8
Crunchbase · Supports Organization · employee range, Organization · hq city, Organization · linkedin url, Role
“employee_range: 11-50 (profile: 11-50)”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.