Antora Energy Raises $150 Million to Slash Industrial Emissions and Spur U.S. Manufacturing
02/22/24, 1:15 PM
Location
sunnyvaleMoney raised
$150 million
Industry
industrial machinery manufacturing
Round Type
series b
Investors
Grok Ventures, Overture Vc, Bhp Ventures, Breakthrough Energy Ventures, Lowercarbon Capital, Trust Ventures, Next Era Energy Resources, Llc, The Nature Conservancy, Gs Futures, Emerson Collective, Decarbonization Partners
Antora Energy raised a $150 million Series B funding round led by Decarbonization Partners, with participation from Emerson Collective, GS Futures, The Nature Conservancy, a subsidiary of NextEra Energy Resources, LLC, Trust Ventures, Lowercarbon Capital, Breakthrough Energy Ventures, BHP Ventures, Overture VC, and Grok Ventures. The funding will enable Antora to ramp up production of its factory-made thermal batteries to deliver zero-emissions energy to industrial customers.
Company Info
Location
sunnyvale, california, united states
Additional Info
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.