ESS Tech
Total Raised
$52.54MInvestors Count
21Deal Terms
3Funding, Valuation & Revenue
11 Fundings
ESS Tech has raised $52.54M over 11 rounds.
ESS Tech's latest funding round was a Corporate Minority - P2P for on September 25, 2023.
ESS Tech's valuation in October 2021 was $1,072M.
ESS Tech's 2021 revenue was $686K. ESS Tech's most recent revenue is from 2021.
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Date | Round | Amount | Investors | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Revenue | Sources |
|---|---|---|---|---|---|---|
9/25/2023 | Corporate Minority - P2P | 3 | ||||
10/11/2021 | Reverse Merger | $1,072M | 5 | |||
10/11/2021 | PIPE | $308M | BASF Venture Capital, Breakthrough Energy, Fidelity Investments, Koch Engineered Solutions, SB Energy, Tortoise Capital Advisors, and Undisclosed Investors | $686K FY 2021 | 6 | |
10/28/2019 | Series C | |||||
12/12/2017 | Series B |
Date | 9/25/2023 | 10/11/2021 | 10/11/2021 | 10/28/2019 | 12/12/2017 |
|---|---|---|---|---|---|
Round | Corporate Minority - P2P | Reverse Merger | PIPE | Series C | Series B |
Amount | $308M | ||||
Investors | BASF Venture Capital, Breakthrough Energy, Fidelity Investments, Koch Engineered Solutions, SB Energy, Tortoise Capital Advisors, and Undisclosed Investors | ||||
Valuation | $1,072M | ||||
Revenue | $686K FY 2021 | ||||
Sources | 3 | 5 | 6 |
ESS Tech Deal Terms
3 Deal Terms
ESS Tech's deal structure is available for 3 funding rounds, including their Reverse Merger from October 11, 2021.
Round | Reverse Merger | Series B | Series A |
|---|---|---|---|
Funding Date | |||
Pre-Money Valuation | |||
Post-Money Valuation | |||
Amount Raised | |||
Shares Authorized | |||
Issuance Price | |||
Dividend Rate | |||
Liquidation Preferences | |||
Liquidation Price | |||
Participation | |||
Conversion Price | |||
Anti Dilution | |||
General Voting | |||
Board Voting | |||
Par Value |
Round | Funding Date | Pre-Money Valuation | Post-Money Valuation | Amount Raised | Shares Authorized | Issuance Price | Dividend Rate | Liquidation Preferences | Liquidation Price | Participation | Conversion Price | Anti Dilution | General Voting | Board Voting | Par Value |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Reverse Merger | |||||||||||||||
Series B | |||||||||||||||
Series A |
ESS Tech Investors
21 Investors
ESS Tech has 21 investors. Honeywell invested in ESS Tech's Corporate Minority - P2P funding round.
First funding | Last Funding | Investor | Rounds | Board Seats | Type | Location |
|---|---|---|---|---|---|---|
9/25/2023 | 9/25/2023 | 1 Corporate Minority - P2P | Corporation | North Carolina | ||
10/28/2019 | 10/11/2021 | 2 Series C, PIPE (2021) | Corporation | Japan | ||
10/28/2019 | 10/11/2021 | 2 Series C, PIPE (2021) | Corporate Venture | Germany | ||
Corporation | Washington | |||||
Asset/Investment Management | Kansas |
First funding | 9/25/2023 | 10/28/2019 | 10/28/2019 | ||
|---|---|---|---|---|---|
Last Funding | 9/25/2023 | 10/11/2021 | 10/11/2021 | ||
Investor | |||||
Rounds | 1 Corporate Minority - P2P | 2 Series C, PIPE (2021) | 2 Series C, PIPE (2021) | ||
Board Seats | |||||
Type | Corporation | Corporation | Corporate Venture | Corporation | Asset/Investment Management |
Location | North Carolina | Japan | Germany | Washington | Kansas |
ESS Tech Acquisitions
1 Acquisition
ESS Tech acquired 1 company. Their latest acquisition was VoltStorage on February 18, 2026.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
2/18/2026 | Debt | $65.49M | Asset Sale | 3 |
Date | 2/18/2026 |
|---|---|
Investment Stage | Debt |
Companies | |
Valuation | |
Total Funding | $65.49M |
Note | Asset Sale |
Sources | 3 |
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