Teraloop Overview
- Year Founded
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2014
- Status
-
Private
- Employees
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18
- Latest Deal Type
-
Series A
- Latest Deal Amount
-
$9.1M
- Investors
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6
Teraloop General Information
Description
Developer of a kinetic energy storage system designed to provide renewable energy to the grid. The company's system uses a levitated rotor to store energy and scale the power for medium- to large-scale storage applications, enabling clients to reduce grid congestion and volatility problems.
Contact Information
Website
www.teraloop.orgCorporate Office
- 00390 Helsinki
- Finland
Corporate Office
- 00390 Helsinki
- Finland
Teraloop Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Later Stage VC (Series A) | 01-Sep-2024 | $9.1M | Completed | Generating Revenue | ||
| 10. Later Stage VC | 26-Jul-2022 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | 08-Feb-2022 | Completed | Generating Revenue | |||
| 8. Later Stage VC | 30-Jul-2021 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 16-Dec-2020 | Completed | Generating Revenue | |||
| 6. Grant | 28-Mar-2019 | Completed | Generating Revenue | |||
| 5. Grant | 23-Mar-2018 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 09-Feb-2017 | Completed | Generating Revenue | |||
| 3. Grant | $335K | $372K | Completed | Startup | ||
| 2. Seed Round | $372K | $372K | Completed | Startup |
Teraloop Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 611 | $662.13 | $662.13 | 1x | $662.13 | 6.79% | ||
| Ordinary | 499 | $1764.97 | $1764.97 | 1x | $1764.97 | 5.54% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Teraloop Patents
Teraloop Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4702655-A1 | A system for cooling a high speed apparatus | Pending | 28-Apr-2023 | ||
| WO-2024223989-A1 | A system for cooling a high speed apparatus | Inactive | 28-Apr-2023 | ||
| EP-4702317-A1 | A system for sensing a rotor radial displacement in a rotating apparatus | Pending | 27-Apr-2023 | ||
| WO-2024223990-A1 | A system for sensing a rotor radial displacement in a rotating apparatus | Inactive | 27-Apr-2023 | ||
| EP-4047042-A1 | Method for producing a composite structure comprising magnetic filler material embedded in a resin matrix | Active | 18-Feb-2021 | C08K3/10 |
Teraloop Signals
Teraloop Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Arteche Lantegi Elekartea | Corporation | Minority | ||
| Startupbootcamp Holding | Accelerator/Incubator | Minority | ||
| European Innovation Council | Accelerator/Incubator | Minority | ||
| Horizon 2020 | Government | |||
| Yaskawa Electric | Corporation | Minority |
Teraloop FAQs
-
When was Teraloop founded?
Teraloop was founded in 2014.
-
Where is Teraloop headquartered?
Teraloop is headquartered in Helsinki, Finland.
-
What is the size of Teraloop?
Teraloop has 18 total employees.
-
What industry is Teraloop in?
Teraloop’s primary industry is Alternative Energy Equipment.
-
Is Teraloop a private or public company?
Teraloop is a Private company.
-
What is the current valuation of Teraloop?
The current valuation of Teraloop is .
-
What is Teraloop’s current revenue?
The current revenue for Teraloop is .
-
How much funding has Teraloop raised over time?
Teraloop has raised $16.2M.
-
Who are Teraloop’s investors?
Arteche Lantegi Elekartea, Startupbootcamp Holding, European Innovation Council, Horizon 2020, and Yaskawa Electric are 5 of 6 investors who have invested in Teraloop.
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