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Thermal Energy Storage

The funding will support the commercialization of sand-based industrial heat storage systems
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  • Tag: Thermal Energy Storage
Thermal Energy Storage Startup TheStorage Raises $4.2 Million Seed Funding

Thermal Energy Storage Startup TheStorage Raises $4.2 Million Seed Funding

  • April 27, 2026
  • Staff
  • Storage

From: Mercom India Finland-based TheStorage, a provider of industrial thermal energy storage solutions, has raised €3.6 million (~$4.2 million) in a seed funding round to scale

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Thermal Energy Storage Company Exergy3 Raises $13.5 Million Seed Funding

Thermal Energy Storage Company Exergy3 Raises $13.5 Million Seed Funding

  • April 22, 2026
  • Staff
  • Storage

From: Mercom India UK-based Exergy3, a thermal energy storage startup, has raised £10 million (~$13.5 million) in a seed funding round, led by Axeleo Capital

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https://www.mercomindia.com/energy-storage-startup-voltseal-raises-1-5m-pre-seed

Thermal Energy Storage Startup Rebound Technologies Secures $2 Million

  • April 20, 2026
  • Staff
  • Storage

From: Mercom India Rebound Technologies, a U.S.-based thermal energy storage startup, has secured a $2 million strategic investment from KCC Manufacturing, a company that provides

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project finance brief

Thermal Energy Storage Company Exowatt Raises $50 Million in Funding

  • November 14, 2025
  • Staff
  • Storage

Exowatt, a provider of thermal energy storage solutions, has secured an additional $50 million in funding. The investment was led by MVP Ventures and 8090 Industries, along with

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Aukera Energy Secures $106 Million Debt for Battery Storage Project in Belgium

Thermal Energy Storage Company Exowatt Closes $70 Million

  • April 25, 2025
  • Staff
  • Storage

Exowatt, a provider of thermal energy storage solutions, secured $70 million in a Series A funding round led by Felicis, a venture capital firm in Silicon

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DRI Secures $127 Million for 133 MW Battery Storage Project in Poland

Zero Industrial Raises $10 Million in Series A Funding

  • April 08, 2025
  • Staff
  • Storage

Zero Industrial, a thermal energy storage solution provider, raised $10 million in Series A funding led by Evok Innovations with participation from Rusheen Capital Management. The funding

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Boralex Secures $202 Million for 500 MWh Energy Storage Project

Thermal Energy Storage Startup Epyr Raises $3.1 Million

  • February 07, 2025
  • Staff
  • Solar

Epyr, a thermal energy storage (TES), has raised €3 million (~$3.1 million) in an oversubscribed pre-seed funding round. This funding round was co-led by AENU

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NOVONIX Secures Up to $95 Million Through Convertible Notes Agreement

Thermal Battery Maker Antora Energy Raises $150 Million

  • February 27, 2024
  • Staff
  • Storage

Antora Energy, a developer of thermal batteries, secured $150 million in Series B funding to help ramp up production. The round was led by Decarbonization Partners,

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Funding and M&A Roundup: BESS Developer NineDot Raises $225 Million

Thermal Energy Storage Provider Rondo Energy Raises $60 Million

  • August 21, 2023
  • Arjun Pradeep
  • Solar, Storage

Rondo Energy, a thermal energy storage company, raised $60 million in a new funding round from Breakthrough Energy Ventures, Energy Impact Partners, SCG, TITAN, Microsoft’s

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OpusFlow Raises $4.5 Million in an Oversubscribed Funding Round

Thermal Energy Storage Provider MGA Thermal Raises $8.3 Million

  • August 07, 2023
  • Sohini Aich
  • Storage

MGA Thermal, a provider of thermal energy-based long-duration energy storage systems, secured $8.25 million to fuel the company’s growth, commissioning its on-site production line and

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