Cellcius Was An Energy Storage Company Based In The Netherlandsfounded In 2020 As A Spin Off From Tno And Tu Eindhoventhe Company Focused On Renewable Energy Solutionsspecifically Developing Thermochemical Heat Battery Technology For Both Industrial And Residential Heating Applicationscellcius Created A Salt And Water Based Heat Battery That Utilized Reversible Thermochemical Reactions To Store Energythis Innovative System Aimed To Address Energy Grid Imbalances By Allowing For Heat Storage And On Demand Releasetargeting District Heating Networks And Industrial Processesthe Company Raised $1 27 Million In Seed Funding And Was Recognized As A Challenger In The Industrial Heat Development Sectordespite Its Technical Achievementscellcius Faced Commercialization Challenges And Ceased Operations In March 2024 Due To Difficulties In Achieving Cost Competitiveness And Scaling Profitably
