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Ancora Energy raises $550M in Series C funding, co-led by G2 Venture Partners and Eclipse, to accelerate large-scale project deployment and expand production.
PRIVATEJul 31, 2026•about 2 months ago
Amount Raised
$550 Million
Round Type
Series C
ClevelandFinancial ServicesEmployee Benefits
Investors
Lowercarbon CapitalBreakthrough Energy VenturesTrust VenturesImpact Science VenturesDecarbonization PartnersLiberty Mutual Strategic VenturesStep Stone GroupWestly GroupJohn DoerrActivate CapitalSalesforce VenturesRibbit CapitalEclipseG2 Venture Partners
Description
Ancora Energy, based in San Jose, CA, has raised $550M in Series C funding. The funding round was co-led by G2 Venture Partners and Eclipse, with participation from several notable investors. The company plans to use the funds to accelerate project deployment and establish a new manufacturing hub. They provide thermal batteries that store low-cost electricity as heat.
Company Information
Company
Ancora Holdings Group
Location
Cleveland, Ohio, United States
About
Ancora Holdings Group, LLC offers integrated investment advisory, wealth management, retirement plan services and insurance solutions to individuals and institutions across the United States. Founded in 2003, the firm is a long-term supporter of union labor and collaborates with union groups and public pension plans to deliver long-term value. Ancora combines the expertise of a global institution with the responsiveness of a boutique firm.
Fundz sees it the moment Ancora Holdings Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
ClevelandFinancial ServicesEmployee Benefits