About Equilibrium Energy
Company Overview
Equilibrium Energy
HeadquartersSan Francisco, CA, United States
Founded2021
SizeEmployee count specifics are unavailable, though its leadership expansions and funding suggest a growing team of experts in energy, AI, software, trading, and finance (source: equityzen.com).
What They Do
Equilibrium Energy is a private technology-driven clean power company focused on grid-scale battery operations and management to support clean energy transitions. The company emerged from stealth in August 2023 with $33 million in initial venture funding from notable investors including Breakthrough Energy Ventures and Global Founders Capital (source: citybiz.co). Its core technology centers on AI, machine learning, and proprietary software like the EQ Mission Control platform, which enables optimized management of grid-scale batteries in volatile electricity markets (source: dcvc.com). The company primarily serves U.S. wholesale power markets such as ERCOT in Texas and CAISO in California, providing battery tolling agreements that function similarly to Power Purchase Agreements (PPAs) for renewable energy (source: citybiz.co).
Projects & Track Record
Equilibrium Energy has made significant strides in the battery management sector, with notable projects including a 100 MW battery in West Texas owned by Jupiter Power, which Equilibrium began operating in July 2023 (source: citybiz.co). The company is also set to take over operations of two 60 MW/120 MWh Ormat batteries in ERCOT Texas in 2025, further expanding its footprint in the market (source: dcvc.com). Additionally, Equilibrium has announced new tolling agreements for the California market, showcasing its commitment to expanding its operational capabilities and client base (source: dcvc.com).
Recent Developments
In the past two years, Equilibrium Energy has made headlines with its stealth exit and $33 million funding announcement in August 2023, followed by a $39 million Series B round in 2024 (source: businesswire.com). The company also secured an additional $28 million in March 2025 to expand its power portfolio management and launch the EQ Mission Control software platform (source: dcvc.com). Furthermore, NRG Energy announced a $2.5 million investment in March 2025, highlighting the growing interest and confidence in Equilibrium's innovative approach to battery management (source: citybiz.co).
Working There
Equilibrium Energy is actively hiring across various roles, including software engineering, data science, trading, and finance, reflecting its growth and expansion in the clean energy sector (source: equityzen.com). The company culture emphasizes innovation and collaboration among experts in energy, AI, and software, fostering a dynamic environment aimed at out-innovating competitors in a volatile grid landscape (source: equilibriumenergy.com). Open roles are likely concentrated at its San Francisco headquarters, which serves as the base for its operations and expansions into Texas and California (source: linkedin.com).
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