RedoxBlox
Latest round
- Series A
Last raised
- Jul 2024
Total raised
- $12M
Investors
- 5
About RedoxBlox
RedoxBlox, founded in 2020, focuses on thermochemical energy storage systems. It has successfully completed 3 deals, with the most recent deal occurring on July 3, 2024.RedoxBlox specializes in innovative thermochemical energy storage technology, specifically its Redoxblox TCES system, designed to replace fossil fuels with a lower carbon and cost-effective alternative. This technology combines sensible heat and chemical energy storage, providing solutions for decarbonized industrial heat and baseload power requirements. The core product serves industries that require scalable energy solutions, offering 2-4 hours of intermittent low-cost power, thereby addressing the challenges of energy reliability and sustainability.RedoxBlox's revenue structure primarily arises from B2B transactions involving partnerships with industrial clients and energy providers who seek sustainable energy solutions. These transactions are structured around long-term contracts that facilitate the installation and maintenance of their thermochemical energy storage systems. Revenue is generated through the sale of the Redoxblox TCES technology, tailored to meet the specific energy needs of clients, providing them with reliable power over extended durations. The company plans to expand its operations into new markets, particularly targeting regions in Europe and Asia by the end of 2025. Upcoming product launches include advancements in their TCES technology aimed at enhancing efficiency and scalability, further supporting the global transition to renewable energy.
Who invested in RedoxBlox
5 investors across 2 rounds
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Questions about RedoxBlox
Who invested in RedoxBlox?
RedoxBlox has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has RedoxBlox raised?
RedoxBlox has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did RedoxBlox last raise money?
RedoxBlox's most recent round on record is a Series A, in Jul 2024.
What does RedoxBlox do?
RedoxBlox, founded in 2020, focuses on thermochemical energy storage systems.
Where is RedoxBlox headquartered?
RedoxBlox is headquartered in San Diego, US.
Which VCs invest in companies like RedoxBlox?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at RedoxBlox's stage. Their profiles are linked below.
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