Cumulus Energy Storage Ltd
Cumulus Energy Storage Ltd is 'enabling renewable electricity' - by developing the lowest cost grid-level energy storage battery.
- Stage Product In Development
- Industry Clean Technology
- Location Rotherham, United Kingdom
- Currency GBP
- Founded July 2012
- Employees 11
- Website cumulusenergystorage.com
Company Summary
Cumulus is developing super-storage (1-100MWh) Copper/Zinc batteries to buffer the grid as renewable electricity generation increases.
Our prototype 20kWh battery is due to be grid-connected in September.
Cumulus has UK patent granted 'Rechargeable Copper/Zinc Cell', with international patents pending.
Finance: DECC £800k grant, seed £250k, second-seed £1.1m (£680k committed to date).
The proposed business model is Storage as a Service (SaaS).
Team
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CEONick has ~30 years’ experience as general manager, chartered engineer, MBA and strategy consultant. Operations and management experience includes chemicals and plastics manufacturing with Shell Chemicals, Amalgamated Plastics and as General Manager (300 employees) at £50M Turnover polyurethane foam manufacturer Carpenter. Nick’s background includes strategy consulting to >250 SMEs in the UK across a wide range of industries and growth companies.
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Darron is a mechanical engineer and MBA with >20 years’ senior and board level management of technology development, commercialisation and value realisation in established businesses and start-ups. Darron founded Applied Intellectual Capital (AIC), a clean-tech start up IPO’d on AIM in 2007 as an electrochemical platform developing advanced battery systems and mineral processing technology. Darron’s early career was with GEC plc.
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Mike HurwitzCTOMichael has a Masters level Chemistry education and specialises in synthetic and analytical chemistry with a focus on electrochemistry. During his time at AIC as Director of Chemistry, he worked in the mining, energy-storage and consulting divisions. He is currently responsible for technology development of the Cumulus Bi-Metal battery system and is the primary inventor on the patents.
Advisors
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Technical Advisory Board Consultant
Previous Investors
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Rupert DoreyLead Business AngelUnconfirmed
Investor Director
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