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RCAM Technologies Funding & Investors

RCAM Technologies provides disruptive long-duration energy storage technology that integrates with offshore renewables to support high levels of renewable energy generation. Their M-PHES uses multiple large hollow concrete spheres on the seafloor to store mechanical energy in the form of pressure. They retain the benefits of conventional pumped hydro storage while vastly expanding potential deployment areas, shortening development time, and improving modularity.

rcamtechnologies.com

Total Amount Raised: $2,456,000

RCAM Technologies Funding Rounds

  • Grant

    $2,000,000

    Grant Investors

    Department of Energy
  • Grant

    $200,000

    Grant Investors

    Department of Energy
  • Grant

    $256,000

    Grant Investors

    National Science Foundation (NSF)
Funding info provided by Diffbot.