# Electrified Thermal Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/electrified-thermal-solutions

- Industry: Energy Storage & Batteries
- Headquarters: US
- Website: www.electrifiedthermal.com
- Total disclosed funding: $4.5M
- Latest round: Seed (Jun 21, 2022)
- Investors on record: 4

## About

Based in Massachusetts, US, and founded in 2021 by Daniel Stack (CEO) and Joey Kabel, Electrified Thermal Solutions, Inc. provides electricity to heat oxide bricks or fire bricks. In June 2022, the firm raised USD 4.5 million in seed funding co-led by nvestors Clean Energy Ventures and Starlight Ventures, with participation from other investors Clean Energy Venture Group, and The Grantham Foundation.

The company offers Joule Hive™ thermal battery, which converts and stores solar and wind energy and provides on-demand heat. The energy stored in the company’s product can be used in industrial furnaces, boilers, or power plants. 

The company may use the funds to accelerate product development, grow its team and build two Massachusetts locations. The first will be a large laboratory prototype facility outside of Boston, followed by multi-megawatt demonstration plant.

## Funding rounds

- Seed, Jun 21, 2022, $4.5M — Grantham Foundation, Clean Energy Venture Group, Clean Energy Ventures, Starlight Ventures

## Investors

- Grantham Foundation — Seed
- Clean Energy Venture Group (https://capitalatlas.ai/funds/clean-energy-venture-group) — Seed
- Clean Energy Ventures (https://capitalatlas.ai/funds/clean-energy-ventures) — Seed
- Starlight Ventures (https://capitalatlas.ai/funds/starlight-ventures) — Seed