# Hybrid Energy Storage Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hybrid-energy-storage-solutions

- Industry: Renewable Energy
- Headquarters: Paterna, Spain
- Website: www.hesstec.net
- Total disclosed funding: $2.5M
- Latest round: Series A (May 26, 2021)
- Investors on record: 2

## About

Based in Sevilla, Spain, and founded in 2018, Hybrid Energy Storage Solutions S.L. creates hybrid energy storage solutions. The company was founded by CEO Mr. Eugenio Domínguez. In July 2025, HESS Ltd raised an undisclosed amount of venture funding from ABB Technology Ventures, Suma Capital, VERBUND X Ventures, Elewit and RIC Energy Holdings.

Hybrid Energy Storage Solutions offers distributed smart grids solutions, the SHAD solutions operate as an optimized ESS, that can do viable to avoid the oversizing of the energy storage technologies, optimizing the storage’s throughput and extending the variety of services that the system could provide, The HMV product is an integrated hardware and software platform based on a modular multilevel power electronics architecture with optimal size and performance for medium voltage applications without a transformer, and The InMS is an embedded software platform that performs a real-time control and scheduled management of power systems, providing optimization of assets and energy storage technologies. And also, the company offers microgrid solutions based on the combination of ultracapacitors high power response and fast response, batteries high energy density, and long-term response along with thin-film PV systems.

The company will use the July 2025 funding to expand its technological capabilities and support product optimization and market expansion in hybrid and battery energy storage solutions through a strategic partnership with HESStec.

## Funding rounds

- Series A, May 26, 2021, $2.5M — Elewit, Capital Energy

## Investors

- Elewit (https://capitalatlas.ai/funds/elewit) — Series A
- Capital Energy — Series A