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 design, manufacturing, installation, and service in the HVAC industry.
KCC Manufacturing, which has supported Rebound since the early stages of its thermal cooling system’s development, is now strengthening its partnership through this investment.
Rebound Technologies has developed a proprietary thermal energy storage solution called IcePoint, which uses ice as a thermal battery to provide on-demand cooling, freezing, and dehumidification.
The technology uses off-peak electricity to produce and store ice, which is then used to deliver targeted cooling when demand is high. According to the company, by shifting energy use to off-peak periods, facilities can reduce peak energy loads while maintaining reliable performance.
The funding will help scale up manufacturing and speed up the deployment of Rebound’s IcePoint systems in industries with high cooling needs, such as data centers, food processing, and district cooling.
“This investment reflects the strength of our collaboration with KCC and the progress we have made moving IcePoint from innovation to commercial deployment,” said Eric Kish, CEO of Rebound Technologies. “As demand grows for flexible cooling and energy solutions, scaling manufacturing is a critical step in delivering our technology to customers who need both performance and efficiency.”
According to Mercom’s Annual and Q4 2025 Funding and M&A Report for Energy Storage report, VC funding in the Energy Storage sector in 2025 increased 30% YoY, to $4.8 billion across 75 deals, up from $3.7 billion across 84 deals in 2024.
In March 2026, MGA Thermal, a provider of thermal energy-based long-duration energy storage systems, secured A$17 million (~$12 million) in funding. The latest round brings the total capital raised to more than A$50 million (~$35 million). IP Group Australia joins as a new investor alongside Main Sequence, with Shane Meaney taking a board seat to support MGA Thermal’s global scale-up.
