We are fundraising on crowdcube
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong.
We are a long-duration energy storage technology provider
OUR COMPANY VISION
To accelerate the energy transition by enabling 100% renewables
THE MISSION
To provide affordable, accessible, clean energy for everyone, everywhere, by enabling integration of more renewables and eliminating the need for fossil fuels.
OUR AMBITION
RheEnergise has a solution for Long Duration Energy Storage
Decarbonising our energy systems requires large amounts of long-duration energy storage to balance intermittent renewables with demand. We need new, low-cost technologies to fill this gap. RheEnergise has developed High-Density Hydro, an innovative pumped storage technology which can scale with the needs of the energy transition.
Work with us
There are opportunities...
INVESTMENT OPPORTUNITY
Interested in investing?
Join us and help create low-cost, secure, zero-carbon power grids.
THE MARKET OPPORTUNITY
High-Density Hydro® will revolutionise the energy storage sector.
OUR TEAM
Together we are revolutionising energy storage
Our team is a diverse group of hardworking individuals who are united by the same goal of transforming the energy system and creating a sustainable future through renewable energy storage.
If you are passionate about combating climate change and want to be part of a dynamic team innovating in energy storage, we would love to hear from you!
Top 1% companies for employees
(Escape The City 2023 Company Employee Anonymous Survey)
Diversity Policy
We believe that a diverse workforce strengthens our company and fosters a more innovative and inclusive environment. We are committed to providing equal opportunities for all employees, regardless of their race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Company Values
Mission First
We are committed to and passionate about the environmental problems we are solving.
Integrity
Integrity is the cornerstone of our company culture, guiding our actions with honesty, transparency, and ethical conduct in every interaction.
Stepping up and leading
We encourage open collaboration and mutual respect to achieve exceptional team outcomes.
Diversity of Thinking
We harness the power of diverse minds to develop brilliant ideas.
Challenge Accepted
We defy expectations and push boundaries.
Meet the Team on Vimeo:
Whilst we are not currently hiring, if you have relevant skills or experience and are interested in working for RheEnergise, please send your CV and a few lines about why you'd be a good fit to office@rheenergise.com.
Benefits
The basics
- We are an equal opportunities employer. We have a diverse team and we are committed to operating a fair and inclusive recruitment process.
- 25 days holiday a year (plus UK public holidays).
Work-life balance
- Flexible working. We trust you to do your job and will try and accommodate your needs as best we can.
- Bright, airy office space right next to Hampstead Heath.
More than just a job...
- Share options for all employees.
- Work with talented, passionate people and have a real positive impact on the future, contributing to a zero-carbon world.
IN THE PRESS
UPDATES
Valuation growth of RheEnergise
We wanted to respond to a few questions we have received regarding the Financials as well as present some more detail. The answers below are from our Chief Financial Officer, Graham Cook.
Q1: Is there a particular target you are aiming to raise on the crowdcube platform now?
A: We have no defined target, our hope for this round on crowdcube is ~£200,000, we would likely stop the raise if it reached over £1,500,000
Q2: For the demonstration project what contingencies are in place in case of cost over-runs, delays etc, is there a decent percentage of unallocated provision in the government grant to cover this?
A: The government grant did not allow any contingencies, as a specific line item. However, we frequently had a cautious approach to our budget costs, which on the whole has served us well, and enabled us to effectively manage the project through unexpected cost changes (some positive, other less so).
We are now reaching the stage of the project where risks of unknowns are mainly behind us: The construction is out of the ground (where most construction cost risk overruns tend to occur); All major high-cost items are ordered and most delivered. We do obviously have risks over the next few months; however, we now have a good track record of managing both anticipated and unexpected risks.
Q3: What is your runway prior to this funding round?
A: In addition to this Crowdcube round we are also in train with three serious investor groups currently, that if two of the three are closed will bring us significant investment. Depending on how we fare with these investors, this crowd round and others on our list we will have runway until late 2025 – late 2026.
Q4: The share price remains the same during this round as previous rounds despite what seems like huge progress. Any reason? Do you have an anticipated share price or valuation for the Pre-Series A and Series A rounds?
The market perspective on RheEnergise will likely be that we are nearing a valuation inflexion point. Innovators such as RheEnergise will see their valuation leap up at certain stages of their life as key aspects of their proposition are proven out, we are close to delivering on the first two of the three most important ones in technical proof and commercial traction (the third being scale up).
At such points innovators will see their market worth leap up as each of these milestones are met.
This is borne out by the valuations ascribed to innovators and disruptors successful in their markets. It is also backed up in our case by the dozens of engagements we have had over the last year and more with investors (both CVCs and VCs) very keen to reengage with us when we have met the first of these milestones on technical proof with the scale demonstrator.
We fully expect to see our Valuation ascribed by the market to significantly increase in 2025 and 2026 as we prove out technology and commercial milestones.
Crowdcube risk warning
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment
and you are unlikely to be protected if something goes wrong.
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