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Energy Vault

Energy · Lugano, CH

Gravity-based utility-scale renewable energy storage.

Founders

Robert Piconi (United States · ♂) — A Fortune 100 executive across energy, telecom and software, he co-founded Energy Vault to commercialize a gravity-based long-duration energy-storage system, serving as CEO.
Andrea Pedretti (Switzerland · ♂) — An ETH Zurich-trained structural civil engineer with deep materials-cost expertise, he co-founded Energy Vault as CTO to design its gravity storage towers.
Bill Gross (US · ♂) — The Idealab founder who conceived the gravity-based storage concept, he co-founded Energy Vault in 2017 within his Idealab studio and serves as a director.

Date	Round	Amount
Aug 2021	Series C Swiss-US gravity-storage startup Energy Vault raised a USD 100M Series C led by Prime Movers Lab, with SoftBank Vision Fund.	$100M

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