Gravity Power

Early Stage

Grid Scale Energy Storage

Analytics

Raised to Date: Raised: $0

Aggregate Commitments $

Platform

Netcapital

Start Date

11/08/2018

Close Date

02/08/2019

Min. Goal

$10,000

Max. Goal

$106,998

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Price Per Share

$1.16

Pre-Money Valuation

$11,072,292

Rolling Commitments $

Status
Not Funded
Reporting Date

02/24/2019

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Location

Goleta, California

Industry

Energy, Power, & Natural Resources

Tech Sector

Gravity Power sells utility scale energy storage systems. Customers include developers, utilities, and large commercial users who develop, own, and operate these systems, which are provided as turnkey and provide energy storage at 20% the cost of LI batteries. These systems are environmentally benign, easy to permit, and can produce constant power. Plus, they ramp up from zero to full power in 20 seconds. So far, Gravity Power patents have been issued in the US, 22 European countries, Canada, Mexico, Japan, China, Russia, South Africa, Australia and South Korea, with more patents are pending globally including in India and Brazil.
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Gravity Power on Netcapital
$
Platform: Netcapital
Security Type: Equity - Common
Valuation: $11,072,292

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