# Revterra

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/revterra

- Industry: Energy Storage & Batteries
- Headquarters: Houston, US
- Website: www.revterra.io
- Total disclosed funding: $6M
- Latest round: Series A (Jul 19, 2022)
- Investors on record: 2

## About

Based in Texas, US, and founded in 2017 by its CEO Dr.Ben Jawdat, Revterra Corp. operates as a developer of the kinetic battery system that provides energy storage solutions through grid renewable power. In July 2022, Revterra Corp. raised USD 6 million in series A funding led by Equinor Ventures, with participation from SCF Partners. 

Revterra Corp.'s offering includes a kinetic battery system that leverages stable magnetic bearing technology and can be used in EV charging with grid synchronous frequency support, critical load backup and transfer, renewables, and storage and provides a modular plug-and-play solution for balancing energy supply and demand.

The company plans to use the series A funding in expanding its team, product development, and also to commercialize its battery system.

## Funding rounds

- Series A, Jul 19, 2022, $6M — SCF Partners, Equinor Ventures

## Investors

- SCF Partners (https://capitalatlas.ai/funds/scf-partners) — Series A
- Equinor Ventures — Series A