HHESStec
HESStec (Hybrid Energy Storage Solutions) is a Spanish energy-storage engineering company founded in 2018 that designs modular, grid-forming hybrid battery storage systems built on proprietary power electronics, control algorithms and its Intelligent Node Management System (INMS). Its products serve transmission and distribution operators, renewable integration, commercial & industrial microgrids, EV charging infrastructure and port decarbonisation. Headquartered in Paterna (Valencia) with an R&D centre in Seville, it has raised roughly $16M across three rounds, including a €12M round in 2025 led by ABB, Suma Capital and Austrian utility Verbund.
SectorsEnergy Storage, Cleantech, Power Electronics, Renewable Energy, Deeptech
Start-up MapEnergy & Climate › Batteries & EV charging
Founders
E
Eugenio Domínguez Amarillo
Founder & CEO
Global models 5
SStem
United States · www.stem.com ↗
Sells battery storage systems run by its own control and optimisation software to commercial and industrial sites, utilities and renewable projects.
$400MComparable
EEnergy Vault
Switzerland · www.energyvault.com ↗
Designs and delivers grid-scale and hybrid storage systems built around its own energy-management and control software for utilities and industrial customers.
$400MComparable
PPowin
United States · powin.com ↗
Modular battery storage integrator with its own controls and energy-management software, selling turnkey systems to utilities and renewable developers.
$300MComparable
F
FreeWire Technologies
United States · freewiretech.com ↗
Builds battery-integrated power systems with its own power electronics for EV charging and site power, one of HESStec's target segments.
$200MComparable
MMoxion Power
United States · www.moxionpower.com ↗
Designed modular battery storage units with its own power electronics to replace diesel generators for industrial and infrastructure customers.
$100MComparable
In the same niche 27 others
See all in the Start-ups Map →Notes: Most funded first
Investors 7
Open as list →Elewit
www.elewit.ventures
SSuma Capital
sumacapital.com
R
RIC Energy
AABB
QQuantum Energy
V
VERBUND X Ventures
AABB Electrification Ventures
Funding rounds 2
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2025-05-28 | Series B (estimated) | €12M |
Lead not disclosed
+5 more
|
| 2021-05-24 | Series A | €2.3M |
Lead not disclosed
+3 more
|
News 1
Open as list →| Published | Article |
|---|---|
| 2025-05-28 |
HESSTEC Accelerates Global Expansion with Strategic Entry of Suma Capital, ABB, and VERBUND X Ventures ↗
Suma Capital
2025-05-28 |





