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Thermal Energy Storage

The funding round was led by MVP Ventures and 8090 Industries
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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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Energy Storage Developer Terralayr Secures $223 Million

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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Aypa Power Secures $1.5 Billion for Energy Storage Projects

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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