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CRESS Systems

CRESS Systems
2009 FOUNDED
M&A STATUS
1-10 EMPLOYEES
M&A LATEST DEAL TYPE
Description

Designer and manufacturer of energy storage systems designed to recycle wasted energy from large industrial equipment. The company's energy storage systems capture and store the wasted kinetic energy to power the next container lift and provide load balancing between industrial consumers and the grid, enabling heavy industrial companies to reduce fuel costs and emissions.

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Energy Storage
Other Industries
Other Energy Services
Acquirer
Ecosse IP
Primary Office
  • Unit 1 Wards Court
  • Banks Road
  • Darlington DL1 1AT
  • England, United Kingdom
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CRESS Systems Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 14-Mar-2019 00000 Completed Generating Revenue
5. Later Stage VC 24-Apr-2018 00000 Completed Generating Revenue
4. Later Stage VC 27-Sep-2017 00000 00000 00000 Completed Generating Revenue
3. Early Stage VC 17-Dec-2015 00000 00000 00.000 Completed Generating Revenue
2. Accelerator/Incubator Completed Generating Revenue
1. Grant 01-Jan-2013 Completed Generating Revenue
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CRESS Systems Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
A Ordinary 1 0,000 00.000000 0000.00 0000.00 00 0000.00 00.000
Ordinary 5 000 00.000000 0000.00 0000.00 00 0000.00 00.000
Ordinary 4 00 00.000000 0000.00 0000.00 00 0000.00 0.000
Ordinary 3 00 00.000000 0000.0 0000.0 00 0000.0 0.000
A Ordinary 000 00.000000 0000.00 0000.00 00 0000.00 0.000
Ordinary 000 00.000000 0000.00 0000.00 00 0000.00 0.000
Ordinary 2 95 $1.326491 $279.27 $279.27 1x $279.27 2.19%
Ordinary 1 21 $1.326491 $3476.98 $3476.98 1x $3476.98 0.48%
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CRESS Systems Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
EIT Climate-KIC Accelerator/Incubator Minority 000 0000 000000 0
Mercia Asset Management Venture Capital Minority 000 0000 000000 0
Northern Powerhouse Investment Fund Lender/Debt Provider Minority 000 0000 000000 0
Northstar Ventures Venture Capital Minority 000 0000 000000 0
Startup Funding Club Angel Group Minority 000 0000 000000 0
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CRESS Systems Executive Team (1)

Name Title Board
Seat
Contact
Info
Richard Bradshaw Board Member & Chief Executive Officer

CRESS Systems Board Members (5)

Name Representing Role Since Contact
Info
Richard Bradshaw CRESS Systems Board Member & Chief Executive Officer 000 0000

4 Former Board Members

You’re viewing 1 of 5 board members. Get the full list »