Rondo Energy Closes $22M In Series A Funding To Tackle Industrial Decarbonization

Rondo Energy, the company unlocking profitable industrial decarbonization, today announced that it has closed a $22 million Series A funding round led by two of the world’s leading investment firms in deep decarbonization and electrification: Breakthrough Energy Ventures and Energy Impact Partners. This funding enables Rondo Energy to build projects that deliver low-cost, high-temperature and zero-carbon heat across a variety of industries. Rondo plans to begin manufacturing and deliver customer systems later this year.