Accelerating society's decarbonisation
EnergyBank was founded to capitalise on the opportunity of a lifetime while accelerating society's decarbonisation. To do this, we are developing the next generation of energy storage technology.
Our technology works by moving multiple thousand-tonne masses back and forth between the ocean floor and its surface over vertical distances of between 4 and 8km.
This process leverages the depth of the ocean and gravitational potential to store energy with radically improved economics.
- Visit website
- Funding stage
The Matchstiq Top 100
Matchstiq's take on EnergyBank
The EnergyBank Mission: Radically improve the economics of energy storage, enabling the widespread adoption of renewables.
The market opportunity ahead for EnergyBank
EnergyBank is currently focussing on derisking the novel aspects of our technology. We are then feeding that engineering work into our MVP which we will begin prototyping in Q3 2023. Long term we are chasing a $200b/yr segment of the energy storage market in 42 countries around the world.
Why EnergyBank is a great place to work
Alongside our meaningful mission we:
- Through highs and lows, maintain a lightness in step, a fullness in heart, and a focus in resolve.
- Are comfortable breaking down and solving complex problems while keeping original goals in mind.
- Maintain a high standard of professionalism and have excellent interpersonal skills.
- Promote the best solutions regardless of their origin.
- Enjoy wearing multiple hats and having a variety of tasks.
- Are comfortable at a desk or in a workshop.
- Have a powerful desire for personal development and growth.
- Thrive in a fast-moving environment.
- Irrespective of ongoing success or failure, default to collaboration.
Working with us
Together we strive, together we thrive
At EnergyBank we foster collaboration by working hard to build respect, diversity, and trust. We strive to enhance the well-being of our team, the environment and the communities in which we work and live.
We find beauty in integrity.
We operate with a core of integrity, equity, and transparency - even when this is difficult.
We’re here for the gnarly and the novel
We are lifelong explorers - constantly embracing new adventures, challenges, and radically creative solutions. Our engineering process leverages this mindset to develop inspiring designs.