Hydrostor

Active#18 in Canada

Long-duration storage (compressed air)

Energy›long-duration storage (compressed air)

Founded2010

HQToronto

RaisedUSD 400M+

Last roundGrowth · Aug 2026

Country of originCanadaListed in the Canada ranking

Where would you invest?CanadaJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Canada · all sectors	Top 50	#18	Edition 0 – beta · October 2026	9 Oct 2026

Rank historyOct 2026 · #18First edition: no movements yet.

Estimated valuation

AI · Canada ranking

≈ USD 1.2bnUSD 950M–1.5bn · Unicorn High confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Growth · USD 230M · Aug 2026
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD 400M+ raised in total

Date	Round	Amount	Type	Investors
Aug 2026	Growth	USD 230M	Equity	Canada Growth Fund, Goldman Sachs Alternatives, CPP Investments, Baker Hughes

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

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ValuationWhat is Hydrostor worth?

Versus competitorsIs #18 the right rank?

Who should acquire itStrategic buyers, and why

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What the AI reads

Read by the AI at the next edition.

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Full Canada ranking →

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Investors in Hydrostor: Canada Growth Fund · Goldman Sachs Asset Management · CPP Investments · Baker Hughes

Last updated: Oct 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.