Newton Energy Solutions develops and produces NEStore, a thermal storage solution (heat battery) designed to store 20–30 kWh of thermal energy for typical households and larger buildings. NEStore can complement or replace gas boilers, convert surplus electricity (for example from solar panels) into stored heat, and automatically switch to a gas boiler when needed. The company positions NEStore as a way to reduce peak electricity load, enhance grid stability, and accelerate the transition to sustainable energy. Newton plans to target large residences and utility buildings with high hot-water peaks, such as sports clubs and hotels. The company was founded by Pavol Bodis, Martin Mohana, and Laurens van Vliet and is based in Delft. It recently secured funding to bring NEStore to market quickly.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2024