Malta
Latest round
- Series C
Last raised
- Nov 2023
Total raised
- $109M
Investors
- 7
About Malta
Based in the US, Malta Inc.Founded in 2018 in Cambridge, US, Malta Inc. focuses on energy storage solutions. The company was established by Anton Tabone and has completed 7 deals to date.Malta Inc. specializes in long-duration energy storage solutions through its proprietary Steam Energy Management and Storage (SEMS) system, which enables utility-scale energy storage. This technology utilizes steam-based heat pump technology, ensuring economical and clean energy delivery. The SEMS system employs a locally sourced supply chain and abundant materials like salt, providing flexible power and heat delivery options.Malta Inc. generates revenue primarily through B2B transactions in the energy sector, engaging with energy producers, industrial clients, and government organizations. They implement their SEMS technology through structured agreements, often involving upfront capital investment or ongoing service contracts.Malta Inc. aims to enhance its product line with new offerings currently under design, set to launch in the coming year. The company is also targeting expansion into additional markets across Asia and Australia by 2025.613 mn will support these initiatives, driving the deployment of their SEMS technology in new geographical regions.
Who invested in Malta
7 investors across 4 rounds
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Questions about Malta
Who invested in Malta?
Malta has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Malta raised?
Malta has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Malta last raise money?
Malta's most recent round on record is a Series C, in Nov 2023.
What does Malta do?
Malta is a energy storage & batteries company.
Where is Malta headquartered?
Malta is headquartered in Cambridge, US.
Which VCs invest in companies like Malta?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Malta's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Series C
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