Teraloop was granted Horizon2020 Funding

Teraloop's application to the Small and Medium-sized Enterprises Instrument phase 1 was funded by the European Union’s Horizon 2020 EASME Agency.

The funded five months project is entitled “A highly scalable grid-scale energy storage system utilising 3rd generation flywheel technology for effective integration of renewable energy. – Teraloop ESS”.

The project is the gateway to a three phase programme and marks the beginning of company’s cooperation with the valuable European networks of innovators and partners.

Read the full press release on

Teraloop team

Team Photo by Teraloop

Press contacts:

Edward Ridgway Watt, CEO ted.ridgwaywatt(a) +44 7894 321066
Philippe Pepin, COO philippe.pepin(a) +358 46 847 2907

Teraloop is Aalto Start-Up Center’s customer company.