Upstate New York Energy Storage Engine
Overview
A coalition led by Binghamton University, funded by the National Science Foundation (NSF) as one of the inaugural Regional Innovation Engines. Its mission is to establish a tech-based, industry-driven hub in Upstate New York for battery innovation, manufacturing, and workforce development. The Engine provides grants and support to companies and academic initiatives to accelerate technology, with a vision to transform the region into "America's Battery Capital". The coalition includes over 40 partners from academia, industry, and non-profits.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| NDB | Mar 2026 | Accelerator | Lead |
| Ranial Systems | May 2026 | Grant | Co-investor |
| EELi Technology | Mar 2026 | Accelerator | Co-investor |
| Quorum Bio | Jun 2022 | Pre Seed | Co-investor |
| Sionic Energy | Mar 2025 | Grant | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Upstate New York Energy Storage Engine based?
Upstate New York Energy Storage Engine is headquartered in Binghamton, New York, United States.
When was Upstate New York Energy Storage Engine founded?
Upstate New York Energy Storage Engine was founded in 2024.
How many portfolio companies does Upstate New York Energy Storage Engine have?
Upstate New York Energy Storage Engine has 7 portfolio companies in Caplight's dataset.
What are some companies in Upstate New York Energy Storage Engine's portfolio?
Portfolio companies visible on Caplight include NDB, Ranial Systems, EELi Technology, Quorum Bio, Sionic Energy.
What was Upstate New York Energy Storage Engine's most recent investment shown here?
Upstate New York Energy Storage Engine's most recent investment in this portfolio sample was in Ranial Systems in 2026.
What sectors does Upstate New York Energy Storage Engine focus on?
Upstate New York Energy Storage Engine focuses on Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Healthcare & Life Sciences, Energy & Sustainability, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech.
What company stages does Upstate New York Energy Storage Engine focus on?
Upstate New York Energy Storage Engine typically invests at the Early stage.