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Antora Energy Receives Over $4 Million From California Energy Commission And Arpa-E To Expand Production Of Breakthrough Thermophotovoltaic (Tpv) Technology

Nov 15, 2023•over 1 year ago

Amount Raised

$4 Million

Round Type

seed

SunnyvaleIndustrial Machinery Manufacturing

Investors

Department Of Energy’s Advanced Research Projects Agency Energy ThroughCalifornia Energy Commission

Description

Antora Energy, a leader in zero-carbon heat and power for the industrial sector, has received over $4 million in grant funding from the California Energy Commission (CEC) through the Electric Program Investment Charge (EPIC) program and the Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) through the Duration Addition to electricitY Storage (DAYS) program to scale its breakthrough heat-to-power thermophotovoltaic (TPV) technology. This funding represents critical state-federal collaboration to scale innovative clean energy technologies, following earlier funding from the two organizations to bring Antora’s TPV technology from the lab to the manufacturing line.

Company Information

Company

Antora Energy

Location

Sunnyvale, California, United States

About

Antora Energy is electrifying heavy industry with zero-carbon heat and power. We make it possible and profitable to fully rely on renewable energy for industrial processes. Antora Energy's thermal energy storage soaks up excess solar and wind electricity and uses it to heat blocks of carbon so they glow like inside a toaster. This thermal energy is then delivered to customers as electricity or industrial process heat up to 1500°C, on demand. In short, Antora Energy turns sunshine and wind into 24/7 heat and power, cheaper than fossil fuels. Our future hinges on heavy industry. Antora Energy’s technology eliminates the need to burn fossil fuels for industrial heat and power, the biggest source of greenhouse gasses on earth. We are growing our company with people who put team and mission first, value connection through laughter and joy, and build with humility and openness. Join our team and do the most fulfilling and impactful work of your life on climate change.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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