Teraloop Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 18

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $9.1M

  • Investors
  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 00390 Helsinki
  • Finland
+358 050
Primary Industry
Alternative Energy Equipment
Other Industries
Energy Storage
Vertical(s)
Corporate Office
  • 00390 Helsinki
  • Finland
+358 050

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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
To view Teraloop’s complete valuation and funding history, request access »

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%
To view Teraloop’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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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
To view Teraloop’s complete patent history, request access »

Teraloop Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 6 investors. Get the full list »

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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