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Antora Energy Receives Over $4 Million From California Energy Commission And Arpa-E To Expand Production Of Breakthrough Thermophotovoltaic (Tpv) Technology

Nov 15, 2023about 2 years ago

Amount Raised

$4 Million

SunnyvaleNatural ResourcesEnergySustainability

Investors

Department Of Energy’s Advanced Research Projects Agency Energy ThroughCalifornia Energy Commission

Description

Antora Energy, a leader in zero-carbon heat and power for the industrial sector, has received over $4 million in grant funding from the California Energy Commission (CEC) through the Electric Program Investment Charge (EPIC) program and the Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) through the Duration Addition to electricitY Storage (DAYS) program to scale its breakthrough heat-to-power thermophotovoltaic (TPV) technology. This funding represents critical state-federal collaboration to scale innovative clean energy technologies, following earlier funding from the two organizations to bring Antora’s TPV technology from the lab to the manufacturing line.

Company Information

Company

Antora Energy

Location

Sunnyvale, California, United States

About

Antora is transforming industrial energy with its factory-built thermal batteries that store and deliver reliable, low-cost, and zero-carbon heat and power for industrial operations of any scale. Based in the United States, Antora is driven by a mission to decarbonize industry and build a future where every facility worldwide runs on abundant, clean energy—powered by a diverse and passionate team that values collaboration, innovation, and purpose.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers