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Ore Energy develops grid-scale, long-duration storage systems using iron-air batteries.
Founded in 2022 and based in Amsterdam, Netherlands, Ore Energy develops long-duration energy storage for energy providers and grid operators. Its iron-air system uses a reversible rusting reaction to store and generate electricity, with modular units designed to scale from MWh to GWh. Positron Ventures provided EUR 10 million in seed funding in May 2024.
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