Augwind Energy Tech Storage Ltd.

www.aug-wind.com

High-Tech Company
Public Company

(TASE: AUGN.M)

TECH VERTICALS

Energy Storage, Renewable Energy Climate Tech, Energy Tech, Smart Energy, Smart Grid, Solar Energy, Sustainability, Wind Energy

General Data

Sector	Energy
Company Stage:	Initial Revenues
Established	2012
Number of Employees	21
Reg. Number:	abCDe

DESCRIPTION

Augwind is a cleantech company specializing in advanced compressed-air energy storage and industrial energy-efficiency solutions. The company develops and deploys its proprietary AirBattery technology – an underground, near-isothermal compressed-air system designed for multi-day grid-scale renewable energy storage – and AirSmart, a system that optimizes industrial compressed-air usage. Augwind serves utility providers and industrial clients seeking sustainable, cost-effective long-duration energy storage and efficiency solutions.

TECHNOLOGY

Near-isothermal compressed air energy storage (CAES) using proprietary liquid-piston mechanism; Underground pressure chambers (“AirX” vessels) for storing gases/liquids/air; Combining pumped hydro principles (water displacement) with compressed air storage for long-duration grid scale.

ESTIMATED ANNUAL SALES

Year	Amount
2024	500
2023	490
2022	480
2021	470
2020	460
2019	450
2018	440
2017	430

	TARGET MARKETS
	Grid-scale energy storage (utilities) for long-duration storage; Large manufacturing plants (food & beverage, plastics, cement, pharma) for energy efficiency.

	BUSINESS MODEL
	B2B

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Patent Attorneys
abC Defghij	Law Firm
abC Defghij	Accounting Firm

CONTACT INFO

Expand / Collapse All

Main Address: Kibbutz Yakum, Israel

Address	Greenwork Yakum
POB	33
City	Kibbutz Yakum
Country	Israel
Zip	6097200

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Tal Raz	CEO	Mustang (Member of the Board)
Dr. Or Yogev	Deputy CEO & Founder
Mr. Avi Geller	COO
Mr. Ram David	CFO
Mr. Daniel Seroussi	VP, Business Development, BESS
Mr. Tzvi Joshua	VP, Business Development, Technologies

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	Former Chairman, the Israel Electric Corporation
abC Defghij	Board Member	Founder, AugWind
abC Defghij	Board Member	Chairman & Founder, Credito Ltd.
abC Defghij	Board Member	CEO & Partner, Climatics Energy

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Reverse Merger

Dec. 11, 2019

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Traditional Industry	abCDe
abC Defghij	Private Investor	abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

PIPE

Dec. 28, 2025

Initial Revenues

abCDe

NIS 50m

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	NIS 200k
abC Defghij	Private Investor	abCDe	NIS 11m
abC Defghij	Private Investor	abCDe	NIS 540k
abC Defghij	Private Investor	abCDe	NIS 6.8m
abC Defghij	Private Investor	abCDe	NIS 4m
abC Defghij	Private Investor	abCDe	NIS 15.5m
abC Defghij	Private Investor	abCDe	NIS 8m
abC Defghij	Private Investor	abCDe	NIS 3.9m

PIPE

Sep. 25, 2024

Initial Revenues

abCDe

NIS 9.6m. Yaron Jacobi and Avraham Levi together hold 21.8% of the company's shares.

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Private Investor	abCDe	NIS 5.28m.
abC Defghij	Private Investor	abCDe	NIS 4.32m.

PIPE

Jul. 19, 2020

Initial Revenues

abCDe

NIS 165m in exchange for shares and options. Valuation of NIS 1.78b.

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Hedge Fund	abCDe	NIS 6.7m.
abC Defghij	Hedge Fund	abCDe	NIS 4.1m
abC Defghij	Provident Fund	abCDe	NIS 4.9m
abC Defghij	Financial Services Company	abCDe	NIS 6.6m.
abC Defghij	Institutional Investor	abCDe	NIS 3.3m.
abC Defghij	Institutional Investor	abCDe	NIS 14.8m.
abC Defghij	Institutional Investor	abCDe	NIS 120m.; Led the round
abC Defghij	Investment Company	abCDe	NIS 1.6m.

PIPE

Feb. 23, 2020

Initial Revenues

abCDe

NIS 30m.

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe	NIS 15m

Seed

Jan. 08, 2013

Seed

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Jun. 20, 2022

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe
abC Defghij	Government Agency	abCDe

R&D Grant

Nov. 07, 2019

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe	Part of an approved budget of up to 3 million NIS.

Last Updated:	abCDe
IVC Number:	abCDe