Antora Energy Raises $150M Series B

Thermal energy storage company using carbon blocks to store renewable energy as heat for industrial manufacturing processes

Key Highlights

• Funding Amount: $150M Series B
• Valuation: Undisclosed
• Headquarters: Sunnyvale, CA
• Founded: 2018
• Employees: 80-150
• Total Raised: $200M

About the Funding Round

Antora Energy has successfully closed $150M Series B in funding, marking a significant milestone in the company's growth trajectory. This investment will enable the company to accelerate product development, expand market reach, and strengthen its position in the climate tech sector.

Investor Syndicate

The round was backed by a prestigious group of investors:

• Breakthrough Energy Ventures
• Lowercarbon Capital
• Energy Impact Partners

This diverse group of investors brings not only capital but also strategic expertise and valuable networks that will help Antora Energy achieve its ambitious goals.

Market Opportunity

The climate tech market continues to experience rapid growth, driven by increasing demand for innovative solutions and digital transformation across industries. Antora Energy's unique approach and proven technology position it well to capture significant market share in the coming years.

Company Background

Founded in 2018 and headquartered in Sunnyvale, CA, Antora Energy has established itself as an innovative player in the climate tech space. With 80-150 employees, the company has built a strong team focused on delivering exceptional value to customers.

Next Steps

With this new funding, Antora Energy plans to:

• Accelerate product development and innovation
• Expand into new markets and geographies
• Grow the team across engineering, sales, and operations
• Strengthen partnerships with key industry players
• Scale infrastructure to support rapid growth

Industry Impact

This funding round represents a strong vote of confidence in Antora Energy's vision and execution. The investment will help drive innovation in the climate tech sector and create new opportunities for customers and partners.

For more information about Antora Energy, visit their website or contact their press office.