Cache Energy

What if there were a way to harness wind and solar power that was as easy to transport and store as coal? That's what Cache Energy is promising. Founder Arpit Dwivedi gave me an exclusive look at the company's technology, which is pretty clever. By forming a common, cheap compound into just-so sized pellets, Cache hopes to displace the dirty fossil fuel and enable truly long-duration energy storage.

Day 3 of 3 in our MN Cleantech Innovation Summit - pitch day!!! There are dozens of phenomenal moments from today, but let's hit the highlights... ?? This was our first time hosting our Grid Catalyst cohort finalists to pitch in person and it was absolutely tremendous to hear all 9 share their innovations and answer tough questions from the Innovators Network. If you haven't met our 9 finalists yet, please go check them out. All have the potential to be transformative if deployed in Minnesota. https://lnkd.in/gU-_2T6t ?? We spent the afternoon making connections, exploring projects, and touring the St. Thomas Center for Microgrid Research (CMR). A tremendous thanks to Mahmoud Kabalan, PhD, PE and the team at CMR for hosting us today and giving us an inside peek into this internationally-significant facility, right in the heart of Saint Paul. Thanks to Emmett V. Coleman for helping us bring this together at St. Thomas. And thank you again to Full Stack Saint Paul for sponsoring today's event. ??One startup told me "You have really opened my eyes to how much opportunity there is in Minnesota." And that's one of the best things we can hear! ?? And even though it was post-Summit, I have to acknowledge how lovely it was to spend the morning with emerging companies and entrepreneurs and the evening honoring the incredible work of my former boss, Ken Smith, at the Most Admired CEOs dinner. But more about that tomorrow! Thanks again to all the wonderful people who joined us for some part of the Summit, who helped us bring hundreds of people into conversation and partnership this week, who sponsored or supported us, and who are helping us grow this incredible cleantech innovation ecosystem. We are in this together and great things are ahead! #AccelerateNorth #MNCleantechSummit #energy #cleantech #climate #impact #innovation #startups #entrepreneurs #community #Minnesota #MinnesotaEnergyAlley

? Big news for Minnesota this week... 9 energy startups were named as finalists for our 2025 Demonstration Cohort program: C-Motive Technologies, Inc., Cache Energy, EcoSnap, Enspi.io, Flow Environmental Systems, Latimer Controls, Inc., LiquidCool Solutions, Inc., Power to Hydrogen, and Sensatek Propulsion Technology, Inc. What kind of innovation do they offer? ? heat pumps (heating and cooling buildings) ? hydrogen electrolysis ? wind energy monitoring and analytics ? high-efficiency motors ? AI-enabled virtual power plants ? utility-scale solar energy management ? energy storage ? cooling systems for high-performance IT equipment Read more about them in our announcement - https://lnkd.in/gAzgAkDD. Wish them luck with next week's big pitch day as part of our 2nd annual MN Cleantech Innovation Summit lineup. https://lnkd.in/gd9A7iHY (Registration closes Sept 18) #AccelerateNorth #demo2deploy #energy #innovation #startups #WeNeedCleanMN

What if there were a way to harness wind and solar power that was as easy to transport and store as coal? That's what Cache Energy is promising. Founder Arpit Dwivedi gave me an exclusive look at the company's technology, which is pretty clever. By forming a common, cheap compound into just-so sized pellets, Cache hopes to displace the dirty fossil fuel and enable truly long-duration energy storage.

There are few companies we've invested in that have as much impact potential as Cache Energy. Although the company is early stage, it's already demonstrated its ability to generate low-cost renewable heat and energy storage, in a way that could rapidly displace fossil fuels. Cache founder Arpit Dwivedi calls it "coal without consequences." Congratulations Arpit Dwivedi and Cache Energy team on the announcement of your product and capital raise. We can't wait to see what the future holds for this company.

We're delighted to announce Voyager's investment in Cache Energy and the team's emergence from stealth. Cache's proprietary energy storage technology uses simple and elegant chemistry to store and release heat up to 550°C, serving most industrial and residential needs, even across seasons. Cache Energy's innovation is an affordable, modular approach to decarbonizing heat production and we're honored to support founder and CEO Arpit Dwivedi as he scales. Cheers to Tim De Chant and TechCrunch for breaking the story! https://lnkd.in/gYT4tqKb

I only write a blog post every year or two when I feel like I have something somewhat unique and important to say. I'd been gearing up to write one on "lean deep tech" but one of our portfolio founders who inspired the topic beat me to it. Hear it straight from Arpit Dwivedi at Cache Energy. https://lnkd.in/guj78_zK

We are excited to announce the recent funding round bringing our total seed raise to $8.5M! https://lnkd.in/gbNNqE4H

??CONGRATULATIONS to the three winners of round three funding that were honored during the 2024 Energy Program for Innovation Clusters (EPIC) Prize collaboration event last week: First Place ?? Cache Energy developed a non-toxic, non-flammable, and a fire-retardant long duration energy storage solution in a solid fuel that can also be used to supply process heat/steam to industries as well as in commercial and residential heating. Cache Energy won $30,000. Evergreen Climate Innovations located in Chicago, IL, also won $10,000 for nominating Cache Energy. Second Place ?? Olokun Minerals provides mineral-based products that help divert harmful drainage water away from ocean life and provides sustainably sourced minerals for a number of different industries. Olokun Minerals won $20,000. Los Angeles Cleantech Incubator (LACI) out of Los Angles, CA, nominated Olokun Minerals. Third Place ?? Expand Power Technologies is developing a compact, light, cost-effective, safe, and smart transformer that can be manufactured domestically with shortened lead times, expanding electrification opportunities in previously prohibited locations. Expand Power won $10,000. Read more about the winners ?? https://bit.ly/4dDfmEB

?? Congratulations to Launch Alaska Portfolio company Cache Energy, winner of the U.S. Department of Energy (DOE)’s Energy Program for Innovation Clusters (EPIC) D.C. pitch competition! Cache Energy developed a non-toxic, non-flammable, and fire-retardant long duration #energy storage solution in a solid fuel, and we look forward to seeing how this technology could support sustainability and resilience for Alaska communities. ??Learn more about the pitch competition, via DOE Office of Technology Transitions: https://lnkd.in/e8x7hNE8 ?? Connect with Cache Energy in person at the Climate Innovation Showcase in Anchorage on May 20 – RSVP here: https://lnkd.in/gPM8uEmv?