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Munich-based VoltStorage develops long-duration Iron Salt Battery storage systems for renewable energy users.
Founded in 2016 in Munich, Germany, VoltStorage GmbH makes long-duration energy storage systems using its proprietary Iron Salt Battery technology, with 8 MWh to 2.4 GWh capacity. Its systems serve utility-scale energy management and renewable power optimization in sectors such as oil and gas, mining, agriculture and microgrids. Jakob Bitner and Michael Peither are the founders. The company has completed 10 deals, most recently EUR 30 million in venture debt from the European Investment Bank on July 28, 2023, and has raised EUR 24 million in total.
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