Top 8 Compressed Air Energy Storage startups

Updated: Mar 11, 2026
|
CAES startups create energy storages using compressed air.
1
Hydrostor
Country: Canada | Funding: $2.3B
Hydrostor is a creator of Advanced Compressed Air Energy Storage (A-CAES) - long-duration, emission-free, economical energy storage. Its method is as simple as it is effective: When surplus power is available on the grid, Hydrostor directs it through turbines, transforms it to compressed air and pump it into massive underground caverns. Once in the cavern, it is retained as potential energy. When the grid requires that power back, the storage straightforwardly inverts the process. Adiabatic compression reuses heat for efficiency, while hydrostatic control guarantees stable pressure, decreasing footprint and enabling flexible siting. The company declares delivery of up to 500MW for 8 hours and project lifetime up to 50+ years.
2
Highview Power
Country: UK | Funding: $445.5M
Highview Power’s CRYOBattery delivers, clean, reliable, and cost-efficient long-duration energy storage to enable a 100% renewable energy future. It is storing energy in “liquid air”—when you compress a gas enough, it turns liquid
3
Corre Energy
Country: Netherlands | Funding: €23.3M
Corre Energy develops, builds and operates grid-scale underground energy storage.
4
Cheesecake Energy
Country: UK | Funding: £14M
Cheesecake Energy is developing advanced thermal and compressed air energy systems to store energy.
5
Storelectric
Country: UK | Funding: £1M
Storelectric creates large-scale, long-term energy storage systems. Its technology combines compressed air storage (CAES) and hydrogen storage. Its projects utilize underground salt caverns (either newly built or repurposed from oil and gas storage) for large-scale, long-term storage of hydrogen and electricity. The company integrates these systems with renewable energy sources, compressed air energy storage, electrolysis and fuel synthesis, supporting both electricity and gas grids and grid interconnections. A pressure-control system allows hydrogen to be stored at the same pressure as its production (30–300 bar), minimizing energy consumption during storage.
6
BaroMar
Country: Israel
BaroMar's under-sea energy storage technology enables the utilization of wind and solar power for a consistent and reliable supply of electricity.
7
APEX CAES
Country: USA
Apex is a Texas-based company created to develop, construct, own and operate compressed air energy storage (CAES) plants.
8
TerraStor
Country: USA
Advanced compressed air energy storage for a carbon-free electrical grid
  See also:
Alexander Gillet
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com