# Alterno Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alterno-pte

- Industry: Energy Storage & Batteries
- Headquarters: Singapore
- Website: www.alterno.net
- Total disclosed funding: $1.5M
- Latest round: Series A (May 13, 2025)
- Investors on record: 7

## About

Founded in 2023 by Hai Ho, Kent Nguyen, and Nam Nguyen, and based in Singapore, Alterrno Pte. Ltd., operates as a storage for thermal energy that is involved in green innovation, particularly focusing on climate technology and sustainability. In May 2025, Alterno Pte. Ltd. raised an undisclosed amount of series A funding led by new investor UntroD Capital, with participation from another new investor ADB Ventures. The company offers plug-and-play thermal energy storage systems for rapid implementation and bespoke solutions tailored to expansive projects. The company ensures seamless integration, timely execution, and compliance with regulatory standards for energy projects. They serve as a single, reliable partner throughout the project journey and design energy storage solutions customized to meet specific requirements. This process involves assessing energy needs, optimizing for efficiency and sustainability, and seamlessly integrating with existing systems. The company will use the May 2025 funding to scale production in Vietnam, deploy thermal battery systems for industry and agriculture, and expand into off-grid markets like Mongolia.

## Funding rounds

- Series A, May 13, 2025 — UntroD Capital, ADB Ventures
- Seed, Apr 2, 2024, $1.5M — Antler, Impact Square, Touchstone Partners, Radical Fund, Glocalink Singapore

## Investors

- Antler (https://capitalatlas.ai/funds/antler) — Seed
- Impact Square (https://capitalatlas.ai/funds/impact-square) — Seed
- Touchstone Partners (https://capitalatlas.ai/funds/touchstone-partners) — Seed
- Radical Fund (https://capitalatlas.ai/funds/radical-fund) — Seed
- Glocalink Singapore (https://capitalatlas.ai/funds/glocalink-singapore) — Seed
- UntroD Capital — Series A
- ADB Ventures (https://capitalatlas.ai/funds/adb-ventures) — Series A