
Wallace Technologies
Alternative energy storage solution.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | €160k | Seed | |
Total Funding | 000k |
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Established in 2020 and headquartered in Clermont-Ferrand, France, Wallace Technologies operates within the CleanTech sector, focusing on the development of advanced thermal solutions to enhance energy efficiency. The company is a privately held, venture capital-backed entity, with investors including Bpifrance and Saint-Etienne Business Angels 42.
The core business involves the design and development of specialized heat exchangers and energy storage systems. Wallace Technologies provides a plug-and-play, lithium-free energy storage solution that is both recyclable and reusable. This equipment is engineered to be compatible with any electrical installation, aiming to provide an autonomous electricity supply. The technology leverages molten aluminum for massive thermal energy storage, presenting an alternative that avoids the use of rare-earth minerals.
The product portfolio is segmented into two main categories: energy storage and heat exchangers. The energy storage solution is designed for clients looking to increase the scale of their renewable energy projects, offering a method to maximize profits and reduce energy costs through efficient storage. Concurrently, the company produces a range of high-compactness heat exchangers, which can be tailored to meet specific client requirements.
Keywords: energy storage, thermal solutions, CleanTech, heat exchangers, energy efficiency, renewable energy projects, lithium-free storage, recyclable energy equipment, molten aluminum storage, autonomous electricity supply, venture capital-backed, Bpifrance, energy cost reduction, high-compactness heat exchangers, advanced thermal solutions, industrial energy, sustainable technology, energy optimization