What StorEn Technologies does

StorEn Technologies Inc. is a US-incorporated private company that designs and manufactures Vanadium Redox Flow Batteries (VRFB) for residential, industrial, and telecom/data center energy storage. Founded in 2017 by Angelo D'Anzi and headquartered at 48 Wall Street, New York, with engineering operations in Stony Brook, NY (Clean Energy Business Incubator Program at Stony Brook University) and Bologna, Italy, the company is led by D'Anzi (CEO, 23+ years in fuel cell and electrolyzer development, holder of 18 WIPO patents) alongside CFO Davide Biggi, CMO Jessica Ann, and board member John Davis (formerly of RedFlow, Deeya Energy, VRB Power, and ReliON).

StorEn's product portfolio includes a 5kW/30kWh residential/light-commercial VRFB unit and the TITANstack™ grid-scale system, underpinned by four patented technologies: Multigrids™ (a fluid dynamic stack design claimed to eliminate overcharging and cut power-side costs by over 50%), Thermastable™ (a geothermal temperature conditioning system enabling up to 82% round-trip efficiency and underground installation), Equilevels™ and Resafe™ (lifecycle-extension technologies delivering 15,000+ cycles and a 20+ year operating life), and a proprietary IP-based Battery Management System (BMS) for remote monitoring. The company positions these as direct alternatives to lithium-ion storage for applications requiring long-duration, non-flammable, fully recyclable, deep-cycle storage in harsh climates.

The business model combines direct B2B hardware sales to industrial, telecom, and utility customers with a technology licensing stream for its patent portfolio. Distribution is executed through direct enterprise sales and through channel partnerships: Multicom Resources/Freedom Energy in Australia and Asia Pacific (with a planned 70,000-unit/year North Queensland assembly facility and a 10-year exclusive vanadium supply agreement) and Energey Solar in Africa (for telecom market entry). Capital formation has been conducted almost entirely through equity crowdfunding on StartEngine and DealMaker Securities, raising over $12.5M from 9,000+ investors at a stated $73M valuation. Reported revenue is forward-looking: $11M+ is projected from pre-orders with backlog extending through 2025, with $540,000 confirmed via the V5 Club Investor Purchase Program. Named customer engagements to date include a research deployment of two containerized VRFB systems at Clemson University's Restoration Institute / Duke Energy's e-GRID facility.

Name

StorEn Technologies

Legal name

StorEn Technologies Inc.

Website

https://storen.tech

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

StorEn Technologies designs and manufactures Vanadium Redox Flow Battery systems with proprietary Multigrids™, Thermastable™, Equilevels™, and Resafe™ technologies for residential, industrial, telecom, and grid-scale energy storage customers globally.

Ownership category

akta.pro rank

Product category

Energy Storage / Vanadium Flow Batteries

NAICS

Battery Manufacturing (33591), Battery Manufacturing (335910)

akta.pro primary industry

Battery Pack Manufacturing & Module Assembly (EUAFABAI)

akta.pro secondary industry

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)

Keywords

• Vanadium flow batteries
• Energy storage systems
• Grid-scale batteries
• Residential solar storage
• Redox battery manufacturing

Headquarters

HQ city

Stony Brook

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Operations, Personnel, Marketing or Sales

Revenue model

1. Vanadium Flow Battery Hardware Sales: Sale of proprietary vanadium flow battery systems including 5kW/30kWh residential units and larger TITANstack™ grid-scale systems. Direct B2B sales for industrial, telecom, and utility applications, plus potential for individual consumer purchases.
2. Technology Licensing: Licensing of proprietary vanadium flow battery technology including Multigrids™, Thermastable™, Equilevels™, and Resafe™ patents to other manufacturers and partners.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

StorEn Technologies designs, develops, and manufactures proprietary Vanadium Redox Flow Batteries (VRFB) for residential, industrial, and telecom energy storage. Its product portfolio includes the 5kW/30kWh self-contained VFB Battery for homes and light commercial sites and the larger TITANstack™ grid-scale system, both underpinned by patented Multigrids™, Thermastable™, Equilevels™, and Resafe™ technologies. The company sells directly to enterprise customers and through regional distribution partners while also licensing its battery IP.

Product overview

StorEn Technologies offers a portfolio of vanadium flow battery products and proprietary technologies for residential, industrial, and telecom applications. The core product lineup includes the 30kWh VFB Battery (5kW/30kWh) for residential and light commercial use, and the TITANstack™ for grid-scale storage. These products are enhanced by proprietary technologies including Multigrids™ (patented fluid dynamics system for improved power density), Thermastable™ (geothermal temperature conditioning for harsh climates), Equilevels™ and Resafe™ (battery life extension technologies). A proprietary Battery Management System (BMS) provides remote monitoring and enables maintenance-on-demand. The company's technology eliminates the traditional trade-offs of vanadium flow batteries, offering 50% cost reduction, 30% smaller size, and 15,000+ cycle lifespan compared to conventional alternatives.

Differentiator

Problem solved

Functional benefit

Products and services

• 30kWh VFB Battery (5kW/30kWh) Self-contained 5kW/30kWh vanadium flow battery for residential storage customers with or without solar panels, light industrial and commercial installations, telecom tower backups, smart grids and microgrids. Features a compact footprint, broad operating temperature range, modular architecture allowing connection of multiple units, and an optional underground version with Thermastable™ geothermal conditioning.
• TITANstack™ Grid-scale vanadium flow battery stack that uses the patented Multigrids™ fluid dynamic system to eliminate overcharging—the major obstacle in scaling up flow-battery stack size. Enables large stacks operating with thousands of amps for utility-scale energy storage, simplifying system complexity and significantly reducing cost.
• Battery Management System (BMS) Proprietary IP-based remote monitoring system that delivers real-time data, history charts, diagnostic information including recent events and working codes, and alerts when certain events occur. Enables a shift from scheduled maintenance to maintenance-on-demand for StorEn battery installations.

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Energey SolarcoreChannel Partner/ Reseller/ Distributor · 12 March 2024Strategic partnership with Energey Solar (Johannesburg, South Africa) for African telecom market entry. Energey Solar provides final product assembly, vanadium electrolyte supply, and local distribution for StorEn's battery technology. Joint efforts aim to offer reliable and efficient energy options for telecommunications infrastructure across Africa.
• Multicom Resources / Freedom EnergycoreChannel Partner/ Reseller/ Distributor · 1 November 2017Partnership with Australian vanadium mine developer Multicom Resources and subsidiary Freedom Energy establishes vertically integrated supply chain for low-cost manufacturing, sale, and distribution of StorEn vanadium flow batteries. Freedom Energy progressing discussions for assembly and distribution factory in North Queensland, targeting 70,000 units per year by 2025. Multicom provides exclusive vanadium source for 10 years under controlled pricing.
• Clean Energy Business Incubator Program (CEBIP) at Stony Brook UniversitycoreStrategic or Co-development PartnerClient of CEBIP at Stony Brook University. The incubator provides R&D facilities, mentorship, business guidance, and access to funding opportunities. StorEn conducts technical development through this partnership. Funded by NYSERDA.
• Clemson University Restoration InstitutecoreStrategic or Co-development PartnerResearch collaboration deploying two containerized vanadium flow battery systems at Clemson University's Restoration Institute in North Charleston, SC. Systems installed at Duke Energy's e-GRID facility for grid-scale energy storage validation under real-world utility conditions.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• EnerSys: US-based global leader in industrial batteries including backup power for telecom and data centers. Competes with StorEn's telecom segment using lead-acid and lithium products, representing the entrenched incumbent in the telecom backup power channel StorEn is targeting.
• Tesla Energy (Megapack): Tesla's utility-scale and commercial energy storage business (Megapack, Powerpack). While chemistry is lithium-based, Tesla is the dominant incumbent in the grid-scale storage market that StorEn targets and represents the primary competitive benchmark on cost and deployment velocity.
• Saft (TotalEnergies): French industrial battery manufacturer (TotalEnergies subsidiary) producing lithium-ion and nickel-based solutions for telecom backup, grid storage, and industrial applications. Overlaps with StorEn in telecom backup and utility-scale energy storage, with much broader product portfolio and global footprint.
• Fluence Energy: Public global energy storage integrator and provider with deployments across utilities, renewables, and C&I customers. Competes for the same large-scale stationary storage contracts StorEn targets and represents the standard incumbent choice for utility RFPs.
• Sumitomo Electric Industries: Large Japanese industrial conglomerate with a long-running vanadium redox flow battery business and Hokkaido utility-scale installations. Competes in the same flow battery category but as part of a much broader portfolio, including grid infrastructure and power systems.

Direct peers

• RedFlow Limited: Australia-based flow battery company (zinc-bromide chemistry) focused on commercial, industrial, and telecom applications. StorEn board member John Davis previously worked at RedFlow. Overlapping customer base in telecom backup and distributed energy storage.
• ESS Inc. US-based publicly listed flow battery manufacturer using iron chemistry, focused on long-duration commercial and utility storage. Competes in the same long-duration stationary storage category with alternative flow chemistry, addressing overlapping utility and C&I customers.
• VRB Energy: China-headquartered vanadium redox flow battery manufacturer with utility-scale projects globally. Direct competitor in the same vanadium flow battery category, serving similar utility and renewable integration use cases.
• CellCube (Enerox): Austria-based vanadium redox flow battery manufacturer (formerly Gildemeister) with utility and commercial deployments in Europe. Direct competitor in VRFB technology with similar residential-to-grid-scale product range.
• Invinity Energy Systems: Scotland-based publicly listed vanadium flow battery manufacturer with commercial deployments across utility, microgrid, and commercial applications. Most direct global competitor to StorEn in VRFB technology, with overlapping target segments (utility-scale, behind-the-meter, off-grid).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/storentech
• Facebookfacebook.com/StorEnTech
• LinkedInlinkedin.com/company/storen-technologies-inc.
• Instagraminstagram.com/storentech

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds7 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about StorEn Technologies