Redox One is a startup focused on providing large-scale energy storage solutions through the manufacturing of iron-chromium flow batteries. The company aims to meet the energy storage requirements of businesses, industries, and electricity networks. As a spin-off from Tharisa plc, a European headquartered integrated resource group with mining operations in South Africa, Redox One benefits from the expertise and resources of its parent company. The company's iron-chromium flow batteries are designed for high-utilisation applications, making low-carbon renewable generation reliable. These highly scalable flow battery solutions are capable of continual operation for over 15 years. Headquartered in Cyprus, Redox One's energy storage systems are lauded for their safety, reliability, and stability in high temperatures, with storage capacities ranging from MWh to GWh.
Redox One recently secured a substantial $20.00M Series A investment on 01 February 2024, with the investment coming from its parent company Tharisa. This signifies a vote of confidence in the company's technology and potential for growth within the Energy, Manufacturing, Renewable Energy, Clean Energy, and Energy Storage industries. With a strong foundation, strategic backing, and a compelling product offering, Redox One appears well-positioned to make an impact in the energy storage market.
