Cheesecake Energy
Latest round
- Seed
Last raised
- Sep 2021
Total raised
- $1.3M
Investors
- 2
About Cheesecake Energy
Cheesecake Energy Ltd is dedicated to developing energy storage solutions, prominently featuring the eTanker system. The company was established in Nottingham, UK, and has pivoted towards sustainable energy technologies. Its founders, Bruno Cardenas, James Garvey, and Paul Macdonald, have a history in energy innovation.Cheesecake Energy Ltd specializes in sustainable energy storage solutions, primarily through its flagship product, the eTanker system. This innovative technology combines thermal energy storage and compressed air to provide medium to long-duration energy storage that is both cost-effective and environmentally friendly. The eTanker system significantly reduces energy storage costs by repurposing industrial components from established automotive and oil and gas supply chains, achieving operational costs that are 30-40% lower than traditional battery systems. The end-use cases for eTanker encompass a variety of sectors including electric vehicle (EV) charging infrastructure, microgrids, and heavy industry, facilitating the integration of renewable energy sources such as wind and solar into reliable power systems.The revenue model for Cheesecake Energy is primarily structured around B2B transactions, focusing on partnerships with industrial clients and energy service providers. The company generates revenue through the sale and installation of its eTanker systems, with potential recurring revenues from maintenance and services post-installation. Clients typically engage in contractual agreements where they purchase the eTanker systems, which may include additional components and services to optimize energy storage and management. Additionally, Cheesecake Energy may explore subscription models for ongoing support and upgrades, particularly in the context of maximizing system efficiency and integrating with evolving energy market demands. The company also plans to establish a global partner network to manufacture, deploy, and service its systems, targeting expansion into new markets across Europe and beyond.
Who invested in Cheesecake Energy
2 investors across 1 round
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Funding rounds
Seed
Sep 17, 2021
Amount
$1.3M
Investors
Questions about Cheesecake Energy
Who invested in Cheesecake Energy?
Cheesecake Energy has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cheesecake Energy raised?
Cheesecake Energy has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cheesecake Energy last raise money?
Cheesecake Energy's most recent round on record is a Seed, in Sep 2021.
What does Cheesecake Energy do?
Cheesecake Energy Ltd is dedicated to developing energy storage solutions, prominently featuring the eTanker system.
Where is Cheesecake Energy headquartered?
Cheesecake Energy is headquartered in Nottingham, UK.
Which VCs invest in companies like Cheesecake Energy?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back renewable energy companies at Cheesecake Energy's stage. Their profiles are linked below.
VCs backing renewable energy startups at Seed
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