Mine Storage Overview

  • Year Founded
  • 2000

Year Founded

  • Status
  • Private

  • Employees
  • 12

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $536K

  • Investors
  • 10

Mine Storage General Information

Description

Developer of a grid-scale energy storage technology portfolio and sites intended to become an enabler of the sustainable energy transition. The company develops environmentally friendly as well as fast-response and medium to large-scale pumped hydro systems in underground mines and also contributes towards the whole value chain, from qualifying and acquiring suitable sites and project development to financial structuring, design, procurement and construction and on to technical and commercial management, enabling clients with not only intermittent power generation but also electrification capabilities.

Contact Information

Website
www.minestorage.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Torsgatan 11 8 TR
  • 111 23 Stockholm
  • Sweden
Primary Industry
Energy Storage
Vertical(s)
CleanTech, Infrastructure, Climate Tech
Corporate Office
  • Torsgatan 11 8 TR
  • 111 23 Stockholm
  • Sweden

Mine Storage Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Mine Storage Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 05-Sep-2025 $536K Completed Generating Revenue
6. Grant 22-Oct-2024 Completed Generating Revenue
5. Later Stage VC 31-Dec-2023 Completed Generating Revenue
4. Later Stage VC 26-Apr-2022 Completed Generating Revenue
3. Grant 07-Dec-2021 Completed Generating Revenue
2. Seed Round 22-Oct-2021 $1.82M $3.84M Completed Generating Revenue
1. Seed Round $2.02M $2.02M Completed Startup
To view Mine Storage’s complete valuation and funding history, request access »

Mine Storage Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
Ordinary
Ordinary 6,300 $209.48 $209.48 1x $209.48 7.55%
Ordinary 6,275 $54.46 $54.46 1x $54.46 7.52%
To view Mine Storage’s complete cap table history, request access »

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.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

Mine Storage Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a grid-scale energy storage technology portfolio and sites intended to become an enabler of the sustainable
Energy Storage
Stockholm, Sweden
12 As of 2025

Taby, Sweden
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Mine Storage Competitors (1)

One of Mine Storage’s competitors is Sustainable Energy Solutions Sweden Holding, a Corporation company based in Taby, Sweden.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Sustainable Energy Solutions Sweden Holding Corporation Taby, Sweden
You’re viewing 1 of 1 competitors. Get the full list »

Mine Storage Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Mine Storage Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
European Innovation Council Accelerator/Incubator Minority
Groupe IDEC Real Estate Minority
InnoEnergy Impact Investing Minority
Vinnova Government
Angel (individual) Minority
You’re viewing 5 of 10 investors. Get the full list »

Ready to get started?

Request a free trial

Mine Storage Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Expektra Danderyd, Sweden 2010

Mine Storage FAQs

  • When was Mine Storage founded?

    Mine Storage was founded in 2000.

  • Where is Mine Storage headquartered?

    Mine Storage is headquartered in Stockholm, Sweden.

  • What is the size of Mine Storage?

    Mine Storage has 12 total employees.

  • What industry is Mine Storage in?

    Mine Storage’s primary industry is Energy Storage.

  • Is Mine Storage a private or public company?

    Mine Storage is a Private company.

  • What is the current valuation of Mine Storage?

    The current valuation of Mine Storage is .

  • What is Mine Storage’s current revenue?

    The current revenue for Mine Storage is .

  • How much funding has Mine Storage raised over time?

    Mine Storage has raised $10.7M.

  • Who are Mine Storage’s investors?

    European Innovation Council, Groupe IDEC, InnoEnergy, Vinnova, and are 5 of 10 investors who have invested in Mine Storage.

  • Who are Mine Storage’s competitors?

    Sustainable Energy Solutions Sweden Holding is a competitor of Mine Storage.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process