Rondo Energy Series A — high-temperature heat battery for industrial decarbonization
Rondo Energy Series A $22M co-led by Breakthrough Energy Ventures + Energy Impact Partners. Heat battery technology delivering high-temperature, high-efficiency thermal energy storage for industrial heat (1500°C). Aramco/SABIC/Microsoft followed in subsequent $60M round.
$22M
Deal Value
Battery Storage
Technology
CA
Location
Deal Details
- Deal Type
- Strategic & Growth Capital
- Seller / Sponsor
- Rondo Energy
- Buyer / Financier
- Breakthrough Energy Ventures + Energy Impact Partners (co-leads)
- Deal Value
- $22M
- Stage
- Growth
- ISO/RTO
- CAISO
- Source
- Rondo Energy
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