HESStec

hesstec.net ↗ ·Valencia ·Series B

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.

Founded
2018
Founders
1
Total funds raised
€14.3M
Rounds
2
Investors
7
Last round
May 2025
SectorsEnergy Storage, Cleantech, Power Electronics, Renewable Energy, Deeptech Start-up MapEnergy & Climate › Batteries & EV charging

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Founders

Eugenio Domínguez Amarillo
Founder & CEO

Global models 5

Stem
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
Energy Vault
Designs and delivers grid-scale and hybrid storage systems built around its own energy-management and control software for utilities and industrial customers.
$400MComparable
Powin
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
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
Moxion 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

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Notes: Most funded first

Investors 7

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Elewit
www.elewit.ventures
2 rounds · 2021–25 Spain
Suma Capital
sumacapital.com
Series B 2025 Spain
RIC Energy
2 rounds · 2021–25 Spain
Series B 2025 Switzerland
Quantum Energy
Series A 2021 United States
Series B 2025 Austria
ABB Electrification Ventures
Investor Switzerland

Funding rounds 2

DateRoundAmountLead
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