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Rondo Energy

PROCESS SCHEMATIC · GREEN H2 / INDUSTRIAL THERMAL STORAGE LIVE

Founded: 2020
Stage: SERIES B
Raised: $82M
HQ: ALAMEDA, CA
Layer: MANUFACTURING

Makes a heat battery — a thermal storage system for industrial process heat up to 1,500°C.

Funding history

RoundAmountDateLead

Series A$22M2022-02Breakthrough Energy Ventures and Energy Impact Partners

Series B$60M2023-08—

Downstream: Holmes Western Oil (California)Covestro (Brunsbüttel, Germany)

Related: Zero Industrial Electrified Thermal Verdagy Electric Hydrogen

Sources

Rondo Powers Up World's Largest Industrial Heat Battery ↗Rondo Energy Secures $60 Million from Global Giants and Leading Climate Investors ↗Rondo Energy Closes $22M in Series A Funding (Business Wire) ↗