Hydrostor

Canada
Toronto, Ontario, Canada, M5H 2V1

Company profile

Hydrostor company profile

Hydrostor develops and operates long-duration energy storage systems to replace the use of fossil fuels. It addresses bulk electricity system needs for dispatchable capacity, renewable integration and optimization, transmission deferral, and ancillary services, and is ideal for use in behind-the-meter or remote applications for mines and large industrial operations. Hydrostor’s solution delivers low-cost, long-duration bulk energy storage (hundreds of MWs, 4-24+ hours) that is synchronous and emission-free and can be located where required by the grid, including the ability to replace retired fossil fuel plants and the need for a new transmission.

Business identity

Contact email
[email protected]
Phone number
(416)548-7880
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$10M-$100M
Founded
2010-01-01, Year

Headquarters

Postal code
M5H 2V1
Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding rounds
13
Total equity funding
$297M
Last funding
Corporate Round / 2026-01-28
Last equity funding
Corporate Round
Investors
19
Lead investors
7
Founders
2
Articles
97

Founders and investors

Founders

Cameron LewisCurtis VanWalleghem

Lead investors

Baker HughesBusiness Development Bank of CanadaCanada Growth Fund Investment ManagementCPP InvestmentsExport Development CanadaGoldman Sachs Asset ManagementUS Department of Energy

Investors

Baker HughesBusiness Development Bank of CanadaExport Development CanadaGoldman Sachs Asset ManagementMeridiam