Type of site Private Website LightSail Energy Headquarters Berkeley | Industry Energy storage Founded 2008 | |
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Key people Steve Crane, CEO
Danielle Fong, CSO | ||
Lightsail energy
LightSail Energy is a compressed air energy storage technology startup located in Berkeley, California.
Contents
Danielle fong founder world 2015 founder chief scientist lightsail energy
History
LightSail was founded in 2008, by CEO Steve Crane and chief science officer Danielle Fong. It was initially focused on using compressed air to power a scooter, but shifted towards an energy storage product for the power grid. As of late 2014, the company had around 55 employees.
Funding
As of February 2016, LightSail had raised approximately $70 million in venture capital investment. Investors in LightSail include Khosla Ventures, Peter Thiel, Microsoft founder Bill Gates, Innovacorp, and oil supermajor Total S.A..
Products
LightSail aims to build a compressed-air powered generator that will fit inside a standard shipping container. In December 2015, co-founder Danielle Fong announced that pilot tests for the system were scheduled to begin in 2016. LightSail also manufactures and sells pressurized gas storage tanks to the natural gas industry.