Fundz

ABB announces a strategic minority investment in energy storage firm HESStec to enhance its capabilities in energy storage technologies.

PRIVATEJun 06, 2025

Round Type

Venture

ValenciaEnergyRenewable Energy

Investors

ABB Electrification Ventures

Description

ABB has announced a strategic minority investment in Spain-based HESStec, specializing in hybrid and battery energy storage solutions. The investment aims to boost ABB’s energy storage technologies and support their BESS-as-a-Service offering. Financial details were not disclosed. This partnership is expected to help HESStec expand its innovative energy storage solutions globally.

Quick answer

HESStec raised an undisclosed amount in a funding round, dated June 6, 2025. Investors: ABB Electrification Ventures. HESStec is based in Valencia, Valencian Community, Spain.

How much did HESStec raise?
HESStec raised an undisclosed amount in a funding round on June 6, 2025.
Who invested in HESStec?
ABB Electrification Ventures is named as investors in this round.
Where is HESStec based and how big is it?
HESStec is based in Valencia, Valencian Community, Spain.
Who are the decision-makers at HESStec?
Fundz holds 1 contact at HESStec. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as HESStec that raised within 45 days of this round, from Fundz verified event records.

  • CorPower Ocean raised $37M (Series B) on July 18, 2025.
  • Q.ANT raised $72M (Series A) on July 17, 2025.
  • August Energy raised $15M (Funding Round) on July 17, 2025.
  • Elephant Energy raised $6.5M on July 17, 2025.
  • ib vogt raised $80M (Funding Round) on July 16, 2025.
  • Jälle Technologies raised $2.3M (Pre-Seed) on July 16, 2025.

Who to call at HESStec, and when

A new round usually means HESStec is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day HESStec raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at HESStec, from your own LinkedIn network

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Company Information

Company

HESStec

Location

Valencia, Valencian Community, Spain

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HESStec raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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