In March 2021, RedHawk Ventures invested in $25,000 in Blip Energy’s pre-seed SAFE note. Currently, Blip Energy is actively fundraising its Series Seed round, after having recently secured a $1.1M non-dilutive grant from the United States Department of Energy, which will be leveraged for further product development and pilot testing in specific markets across the United States.

“Smart batteries today, smarter grid tomorrow”

Based in Chicago, Illinois, Blip Energy believes that smart batteries should be accessible to everyone regardless of how or where they live. Smart batteries give users more control of their home energy, unlock energy equity, provide grid stability, and help accelerate the transition to clean energy in a manner that is easily scalable and widely adoptable.

The company is currently developing an energy storage system designed to accelerate the clean energy transition. Its system for energy management works at home without barriers around permitting. It stores electricity overnight for use later in the day, making energy equity accessible and affordable. By capturing the value of electricity price fluctuations throughout the day, Blip Energy enables users to save money on monthly electric bills. Its innovation answers the global demand for affordable, dependable energy storage while expanding smart grid accessibility.

Dennis Kontorovich
Co-Founder | Miami ‘16, Finance