Rondo Energy
Latest round
- Series A
Last raised
- Jan 2022
Total raised
- $25M
Investors
- 2
About Rondo Energy
Rondo Energy Inc.-based company specializing in advanced thermal energy storage solutions.Founded in 2020 in Alameda, US, Rondo Energy Inc. focuses on innovative energy solutions.325 mn.Rondo Energy specializes in providing innovative thermal energy storage solutions through its flagship product, the Rondo Heat Battery. This technology effectively converts intermittent renewable energy sources, such as wind and solar power, into a reliable and continuous supply of industrial heat and power. By utilizing refractory bricks that can be heated to temperatures ranging from 1100°C to 1500°C, the Rondo Heat Battery stores thermal energy for extended periods—hours or even days—delivering superheated air for various industrial applications with an impressive efficiency rate of over 98%. The company's solutions cater to a diverse client base across multiple sectors, including food and beverage, cement, chemicals, fuel, and textile production.Rondo Energy operates on a business model centered around the deployment of its Heat Battery technology through partnerships and direct sales to industrial clients. Revenue is generated primarily through sales of its thermal storage systems, as well as ongoing service agreements that may include maintenance and support. These transactions are structured as B2B agreements, where Rondo collaborates with large manufacturers and industrial enterprises to tailor its solutions to their specific energy needs. Rondo is focused on expanding into new markets, with plans to target additional regions in Europe and North America within the upcoming years.
Who invested in Rondo Energy
2 investors across 1 round
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Funding rounds
Series A
Jan 4, 2022
Amount
$25M
Investors
Questions about Rondo Energy
Who invested in Rondo Energy?
Rondo Energy has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rondo Energy raised?
Rondo Energy has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Rondo Energy last raise money?
Rondo Energy's most recent round on record is a Series A, in Jan 2022.
What does Rondo Energy do?
Rondo Energy is a energy storage & batteries company.
Where is Rondo Energy headquartered?
Rondo Energy is headquartered in Alameda, US.
Which VCs invest in companies like Rondo Energy?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Rondo Energy's stage. Their profiles are linked below.
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