BASF Venture Capital GmbH

ESS Inc.

ESS Inc. was founded in Portland, Oregon in 2011 by a team with deep experience in fuel cells, electrochemistry, advanced material science and renewable energy. ESS Inc. manufactures low-cost, long-duration iron flow batteries for commercial and utility-scale energy storage applications requiring 4+ hours of flexible energy capacity. Its product, the Energy Warehouse (EW), uses iron, salt, and water for the electrolyte, and delivers an environmentally safe, long-life energy storage solution for the world’s renewable energy infrastructure.

BASF Venture Capital invested in ESS Inc in 2017 along with Pangea Ventures and Cycle Capital.

ESS.jpg

Key Facts

 

Investment Year:

2017


Location:

Wilsonville, Oregon, USA


Focus:

Fe/Fe redox flow battery for grid scale long duration storage

 

Nils Christoph Koehler
Nils Christoph Koehler
Chief Financial Officer