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Energy storage startup financing
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2026-08-04 10:34 UTC → 2026-08-05 10:23 UTC ·
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In late July 2026, Antora Energy, a Energy of San Jose‑based company developing solid‑carbon heat‑storage blocks, Jose closed a $550 million Series C round. The funding is earmarked for round to fund a second U.S. manufacturing plant and expanded expand production of solid‑carbon heat‑storage blocks for long‑duration thermal storage systems intended to replace fossil‑fuel heat in data centres, steelmaking and other high‑energy‑use industries. A few days later, in sectors. In early August 2026, Dutch startup Ore Energy announced a $43 million Series A financing, bringing its total funding to $61 million. The round was led by Plural and HV Capital with participation from Positron Ventures. The capital will be used to build its Ore Energy’s first production facility for iron‑air batteries. These batteries aim to store renewable electricity for up European manufacturing plant and to 100 hours using abundant materials, with reach gigawatt‑hour‑scale production by 2028. The company has completed pilot projects targeting grid balancing, AI data‑center power at Delft’s Green Village and industrial energy needs. EDF’s Lab les Renardières in France and signed a 1 GWh off‑take agreement with Budget Thuis, with an initial 400 MWh delivery planned for 2028. Both companies firms are pursuing large‑scale, long‑duration multi‑day storage solutions to support enable deeper renewable integration, albeit with different technologies integration for grids, AI data‑centers and funding scales. industrial facilities.
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- 2026-08-05 10:23 UTC Energy storage startup financing
- 2026-08-04 10:34 UTC Energy storage startup financing
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