Fundraising FoxHydrostor
Toronto, CA · Ontario, Canada corporation · 5 known investors
Find your way into Hydrostor
1,015 people in our graph share verified history with the Hydrostor team — schools, employers, funds. One of them is your warm intro.
Murray McCaigunlockedknows Jon Norman · together at Hydrostor (overlapped)
×4knows the team · via GE Oil & Gas
knows the team · via GE Aviation
×6knows the team · via GE Energy
Hydrostor develops long-duration energy storage using Advanced Compressed Air Energy Storage (A-CAES), a closed-loop system combining air, water, and purpose-built underground hard-rock caverns to store off-peak electricity for the electric grid. It designs and operates utility-scale storage facilities (500 MW, 8+ hours) providing grid services such as inertia, voltage support, and black start, with projects in Canada, the United States, and Australia.
Founders & leadership
TD
Tom DuckettChief Development Officer (CDO)Tom Duckett has 24 years of experience in design, engineering, and construction, including 14 years in commercial markets and 10 years in utility and independent power renewable energy and energy storage sectors. He currently leads development businesses for renewable energy and energy storage in the United States and Canada.
JN
Jon NormanPresidentJon Norman is a professional engineer and economist with over 25 years in the power industry, management consulting, and government. He previously served as VP for regulatory policy and government relations at Brookfield Asset Management's power and utilities business, and holds degrees in civil engineering from the University of Waterloo and an interdisciplinary master's in engineering and economics from the University of Toronto.
CP
Chris PhebusChief Technology OfficerChris Phebus is an executive with experience leading global teams at General Electric in operations, product development, and systems engineering, followed by roles in early-stage companies across aviation, energy, oil & gas, and wave technology sectors. He completed GE's Crotonville executive training program and holds Six Sigma Master Black Belt certification.
BS
Beth SummersChief Financial OfficerBeth Summers is an Executive Officer at Hydrostor with experience in corporate finance, mergers and acquisitions, and business strategy across energy, utility, and manufacturing companies in North America; she has led finance operations, executed over 20 acquisitions, and served as chair of audit and finance committees for public organizations.
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ELISABETH HIVONNamed on SEC filing
GB
GUY BENTINCKNamed on SEC filing
CD
CURTIS D. BARTLETTNamed on SEC filing
Board
Investors · 5
Bild Alternative Investments Corporationlisted by Bild Alternative Investments Corporation
How we know: Bild Alternative Investments Corporation's portfolio page · Not right? Tell us
ArcTern VenturesinferredToronto · $730K – $2.9Mvia Tom Rand · board
How we know: board seat on SEC Form D · Not right? Tell us
Canada Growth FundreportedMontreal
How we know: funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements▶Undisclosed amountofferedNov 2025 · Other EnergyRule 506(c)
▶Undisclosed amountofferedNov 2025 · Other Energy
Rule 506(c)Officers, directors & promoters on the filing
- Tom DuckettExecutive Officer
- Sarah SkinnerExecutive Officer
- Glenn WrightDirector
- Jon NormanExecutive Officer
- Chris PhebusExecutive Officer
- Judi JohansenDirector
- Patrick MoyerExecutive Officer
- Ron MillerDirector
- Beth SummersExecutive Officer
- Gunduz ShirinDirector
- Patrick ChabotDirector
- Sebastien GagnonDirector
- Jordan ColeExecutive Officer
- Curtis VanWalleghemExecutive Officer, Director
- Sales commissions
- $1.9M
- Placement agents
- Rothschild & Co. US Inc., Goldman Sachs & Co. LLC
- Incorporated
- Corporation, Ontario, Canada
- Federal exemptions
- 06c
▶Undisclosed amountofferedDec 2021 · Other EnergyRule 506(b)
▶Undisclosed amountofferedDec 2021 · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- ELISABETH HIVONDirector
- CURTIS VANWALLEGHEMExecutive Officer, Director
- TOM RANDDirector
- GUY BENTINCKExecutive Officer
- RON MILLERDirector
- CURTIS D. BARTLETTDirector
- JON NORMANExecutive Officer
- Sales commissions
- $12M
- Placement agents
- Fort Capital Partners, CIBC World Markets Inc.
- Incorporated
- Corporation, Ontario, Canada
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
Frequently asked questions
- What does Hydrostor do?
- Hydrostor develops long-duration energy storage using Advanced Compressed Air Energy Storage (A-CAES), a closed-loop system combining air, water, and purpose-built underground hard-rock caverns to store off-peak electricity for the electric grid. It designs and operates utility-scale storage facilities (500 MW, 8+ hours) providing grid services such as inertia, voltage support, and black start, with projects in Canada, the United States, and Australia.
- Who founded Hydrostor?
- Hydrostor was founded by CURTIS VANWALLEGHEM.
- Who are Hydrostor's investors?
- Hydrostor's investors include Amplify Capital, Bild Alternative Investments Corporation, Plaza Ventures, ArcTern Ventures, Canada Growth Fund.
- Where is Hydrostor headquartered?
- Hydrostor is headquartered in Toronto, CA.