About the Startup
A research-developed pumped-storage energy concept from the University of Innsbruck that stores energy by moving a heavy water-filled piston in a cylindrical shaft. Demonstrated with lab and outdoor prototypes (up to 6 m, 42-ton weight); planned larger underground versions (20 m and up to 100 m).
Frequently Asked Questions
What type of funding round did Powertower raise?
Powertower raised a unspecified round.
Who invested in Powertower's unspecified?
The investors in Powertower's unspecified are: FFG (Austrian Research Promotion Agency), Private investors (unnamed), Corporate partners (unnamed).
What type of investment was Powertower's unspecified?
Powertower's unspecified was a equity investment.