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Hydrostor Secures Us$250 Million Investment From Goldman Sachs Asset Management To Accelerate Growth

PRIVATEJan 10, 2022

Amount Raised

$250 Million

Round Type

Venture

TorontoEnergyRenewable Energy

Description

Hydrostor Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, today announced a preferred equity financing commitment of US$250 million from the Private Equity and Sustainable Investing businesses within Goldman Sachs Asset Management (“Goldman Sachs”).

Quick answer

Hydrostor raised $250 Million in a funding round, dated January 10, 2022. Hydrostor is based in Toronto, Ontario, Canada.

How much did Hydrostor raise?
Hydrostor raised $250 Million in a funding round on January 10, 2022.
What does Hydrostor do?
Hydrostor is a leading developer and operator of long duration energy storage systems.
Where is Hydrostor based and how big is it?
Hydrostor is based in Toronto, Ontario, Canada. Fundz records about 124 employees.
Who are the decision-makers at Hydrostor?
Fundz holds 1 contact at Hydrostor. 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 Hydrostor that raised within 45 days of this round, from Fundz verified event records.

  • Diversified Energy raised an undisclosed amount (Funding Round) on February 24, 2022.
  • Antora Energy raised $50M (Funding Round) on February 16, 2022.
  • Waste Energy Corp raised $3K (Pre-Seed) on February 15, 2022.
  • Dalrada raised an undisclosed amount (Convertible Note) on February 9, 2022.
  • Global Clean Energy raised an undisclosed amount (Funding Round) on February 8, 2022.
  • Res raised an undisclosed amount on February 7, 2022.

Who to call at Hydrostor, and when

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

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

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Company Information

Company

Hydrostor

Location

Toronto, Ontario, Canada

About

Hydrostor is a leading developer and operator of long duration energy storage systems. Hydrostor leverages a proven technology solution for delivering long duration energy storage (eight hours or more) to power grids around the world. Hydrostor’s technology uses compressed air and water to store energy. This patented technology allows grid operators to draw on clean energy, even when there is no sun to fuel solar panels and no wind to generate energy from turbines.

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Related People

1 contact
Verified contacts7 people are listed at Hydrostor. We don't have their email yet.See plans and pricing
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Hydrostor 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.