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Ore Energy

Delft, Netherlands

series-a$43M raisedClimate TechEnergy StorageClean Energy

Total Raised

$43M

Stage

series-a

Location

Delft, Netherlands

Founded

2020

Team size

11-50

Links

About Ore Energy

Dutch long-duration energy storage company developing iron-air battery technology.

What sets it apart

It claims to deliver up to 100 hours of safe, low-cost storage using abundant iron, water, and air instead of lithium or cobalt.

Sectors

Climate TechEnergy StorageClean Energy

Business

Modelhardware

CustomerUtilities, grid operators, and energy suppliers needing grid-scale long-duration storage

Notable

  • Raised €10 million seed funding
  • Connected the world's first known grid-connected iron-air battery system in Delft
  • Raised $43 million in Series A funding
  • Announced a 1 GWh deployment agreement with Budget Thuis

Funding rounds

5 Aug 2026

Source ↗

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FAQ

What does Ore Energy do?

Dutch long-duration energy storage company developing iron-air battery technology.

Where is Ore Energy based?

Ore Energy is based in Delft, Netherlands, founded in 2020.

How much has Ore Energy raised?

Ore Energy has raised $43M in tracked funding and is currently at the series-a stage.

Who has invested in Ore Energy?

Investors in Ore Energy include Positron Ventures, Plural and HV.