MegaJoule Storage

MegaJoule Storage

MegaJoule Storage, Inc. is commercializing high performance electrochemical capacitors for power quality and energy storage in electric utility, industrial, and commercial markets. Its product platform enhances power quality, reliability, and cost in both commercial and industrial renewable energy and smart grid implementation. The Innovation Fund award will help the company conduct market research on targeted vertical markets and design and build a prototype system to field test for customer validation.

Location: Northeast Ohio

Technology Sector: Energy

Funding Type: Series A