About Terrament
Terrament was founded at the start of 2020. We have been awarded one US Patent, and we have two more pending patent applications. We are now seeking $1 million in pre-seed funding.
Terrament's gravity storage design was inspired by a related technology called Underground Pumped Hydro Storage, or UPHS. In fact, the company was born out of a research project exploring the feasibility UPHS. By leveraging our UPHS research to spark discussions with industry experts and validate our market assumptions, we demonstrated that Terrament's concept was not just viable, it was urgently needed.
We are proud to have been selected to join the CEBIP accelerator program. CEBIP, the Clean Energy Business Incubator Program, is supported by Stony Brook University and the New York State Energy Research and Development Authority (NYSERDA).
We're also grateful to have been selected as a 2023 Fellowship Founder at Newlab. The founder fellowship is run in partnership with the New York City Economic Development Corporation (NYCEDC)’s Venture Access NYC initiative.
Our Team
Eric Chaves
Founder / CEO
Eric is a technologist and entrepreneur with a diverse background spanning architecture, industrial design, and software. He is a Founder Fellow at Newlab, and a member of the CEBIP accelerator at Stony Brook University. With a passion for design and experimentation, his broad experience empowers a multidisciplinary approach to entrepreneurship. Terrament is his third company. His former companies include a media-tech startup called Antenna, and a software and design studio called Syllable.
Announced Soon
Co-Founder / Finance
Extensive experience in private equity and development.
Closed $1b+ deals in energy & infrastructure.
Built two previous companies, and grew revenue by 1,000% YoY.
More details announced soon...
Dr. Wei Li, Advisor
Geo-scientist, Civil Engineer, PhD
Professor, Stony Brook
Dr. Jon Longtin, Advisor
Mechanical Engineering, PhD, Dean, Stony Brook
Steven DeCarlo, Advisor
Electrical Engineering, MBA
Grid Utilities + Pumped Hydro
Kathryn Gardner, Advisor
Mining Engineer, P.E., MBA, Esq.
Courtney Reich, Advisor
Mechanical Engineering, M.S.
Battery Tech, Statistics
Rich Delmerico, Advisor
Electrical/Industrial Engineering
Business M.S.
Etinosa Ogiesoba, Advisor
Electrical Engineer, ME, MBA
Colin Bateson, Advisor
Mechanical Engineer, PhD
