# Cache Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cache-energy

- Industry: Energy Storage & Batteries
- Headquarters: Champaign, US
- Website: www.cache-energy.com
- Total disclosed funding: $13M
- Latest round: Seed (Jun 14, 2024)
- Investors on record: 8

## About

Based in Illinois, US, and founded by Arpit Dwivedi, Cache Energy develops energy storage technology using a thermo-chemical energy storage process that stores energy at room temperature for longer durations and offers a cleaner alternative to fossil fuels. In June 2024, Cache Energy raised USD 8.5 million in seed funding led by new investor Voyager Ventures, with participation from returning investors Grantham Environmental Trust, Cantos Ventures, and MUUS Climate Partners. New investors Climate Capital Syndicate, Evergreen Climate Innovations, Halliburton Labs, and Unshackled Ventures also participated in the round.


The company provides a clean, cost-effective technology that can be transported to different sites and saves grid electricity or industrial heat for extended periods of time without much energy loss. The company's technology is applied in sectors where long-term electricity storage, the provision of process heat or steam to industries, heat recovery from biogas or natural gas flaring, and commercial and domestic heating are required.

## Funding rounds

- Seed, Jun 14, 2024, $8.5M — MUUS, Unshackled Ventures, Evergreen Climate Innovations, Cantos Ventures, Voyager Ventures, Halliburton Labs, Climate Capital, Neglected Climate Opportunities
- Seed, Aug 25, 2023, $4.5M — MUUS, Cantos Ventures, Neglected Climate Opportunities

## Investors

- MUUS (https://capitalatlas.ai/funds/muus) — Seed
- Cantos Ventures (https://capitalatlas.ai/funds/cantos-ventures) — Seed
- Neglected Climate Opportunities (https://capitalatlas.ai/funds/neglected-climate-opportunities) — Seed
- Unshackled Ventures (https://capitalatlas.ai/funds/unshackled-ventures) — Seed
- Evergreen Climate Innovations (https://capitalatlas.ai/funds/evergreen-climate-innovations) — Seed
- Voyager Ventures — Seed
- Halliburton Labs — Seed
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Seed