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Mine Storage

Mine Storage

Private
StockholmEnergy & Sustainabilityhttps://www.minestorage.com/

Last Round

Corporate Funding

Sep 18, 2025

Est. Valuation

$8.75M

Total Funding Raised

$24M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Mine Storage is an energy storage company that develops and operates grid-scale energy storage facilities in abandoned mines using pumped hydro technology.

Sector

Energy & Sustainability

Verticals

Energy Storage, Renewable Energy, Smart Grid, Circular Economy

Business Model

B2B

Customer Profile

Revenue Share, Services & Consulting, Government Contracts

AI Layer

Application

Keywords

pumped hydro storagegrid-scale energy storagelong-duration energy storagemine repurposingwater batterygrid balancinggravity energy storageenergy project developmentenergy arbitrageancillary servicesenergy asset managementrenewable energy integrationcircular economyAI energy tradingautomated power tradingspecial purpose vehicleSPV

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Caplight Momentum Score

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Mine Storage Comparables

Compare Mine Storage with similar companies based on industry and business-model similarity.

Mine Storage comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Serium Energy Storage
81%
Green Gravity
77%
Quidnet Energy
77%

Mine Storage Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Corporate FundingSep 18, 2025
DebtSep 18, 2025
Corporate FundingDec 1, 2024
GrantNov 5, 2024
Corporate FundingApr 26, 2022
Grant
Dec 7, 2021

Key People

Founding team and executive leadership

Fredrik Olrog

Chief Executive Officer

Executive Team

Mine Storage Investors

Notable investors and investment history

Mine Storage investors
InvestorRounds
EIT InnoEnergyCorporate Funding
Klimatet InvestCorporate Funding, Seed
VinnovaGrant
EU Innovation FundGrant

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 21, 2026

    Monthly visitors increased 99% MoM, reaching 1.6K.

  • Jul 1, 2025

    Monthly visitors grew 108% MoM, reaching 2K.

Mine Storage Filings

SEC and related filings with document metadata.

Data table
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Mine Storage Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Mine Storage's valuation, stock price, and market status.

Firmographic Details

HeadquartersStockholm
Employee Range12
Year Founded2020
Last FundingSep 18, 2025

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