Antora closes $550 million in Series C funding
The oversubscribed round, co-led by G2 Venture Partners and Eclipse, will accelerate deployment of large-scale projects and expand U.S. manufacturing.
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Thermal energy storage system manufacturer
antora.comLast updated
In short: Antora secured $550 million in Series C funding and commissioned Project Big Stone, one of the world's largest thermal battery systems.
The oversubscribed round, co-led by G2 Venture Partners and Eclipse, will accelerate deployment of large-scale projects and expand U.S. manufacturing.
The project transformed an empty lot into one of the world's largest battery systems in under 12 months.
Its CEO discusses scaling manufacturing to meet surging demand from factories and data centers.
The 5 GWh thermal battery delivers round-the-clock energy to POET biofuels plant in South Dakota.
U.S. energy storage company Antora Energy, Inc. today announced the successful completion of a $550 million (approximately NT$17.8 billion) Series C venture capital funding (Venture Capital, funds provided by venture capital funds, mainly investing in startups with high growth potential). This huge sum of money will be mainly used to expand the deployment scale of its unique thermal battery technology in the United States. The thermal battery technology developed by Antora Energy, Inc. works by converting electrical energy into high-temperature thermal energy, stored in solid carbon blocks, storing...
Antora Energy Raises $550M to expand thermal battery production for industry, AI data centres and grid-scale energy storage.
The company aims to support the development of large-scale energy projects and the expansion of manufacturing activities.
The startup Antora Energy just raised $550 million to build and deploy more of its heat-storing batteries for powering data centers and cleaning up factories...
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