Antora Energy Raises More Than $50M To Decarbonize Heavy Industry With Renewable Heat And Power As Cheap As Fossil Fuels
Amount Raised
$50 Million
Round Type
Funding Round
SunnyvaleEnergySustainabilityNatural ResourcesRenewable EnergyEnergy StorageIndustrial Machinery ManufacturingDescription
Antora Energy has unlocked a solution to deliver zero-emissions heat and electricity to heavy industry that is more reliable than fossil fuels, and just as cheap, according to Antora Energy CEO Andrew Ponec. “The manufacturing sector—including notoriously hard-to-decarbonize industries like cement, steel, and petrochemicals—accounts for a staggering 30% of global greenhouse gas emissions. Today, there aren’t scalable solutions to clean up the major drivers of these emissions—heat and power from combusting coal and gas,” Ponec says. “Partnering with Breakthrough Energy Ventures, Lowercarbon Capital, and our strong syndicate of other investors brings the resources and know-how to scale up our business and wipe out billions of tons of CO2 emissions per year.”
Quick answer
Antora Energy raised $50 Million in a Funding Round round, dated February 16, 2022. Antora Energy is based in Sunnyvale, California, United States.
- How much did Antora Energy raise?
- Antora Energy raised $50 Million in a Funding Round round on February 16, 2022.
- What does Antora Energy do?
- 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.
- Where is Antora Energy based and how big is it?
- Antora Energy is based in Sunnyvale, California, United States. Fundz records about 280 employees.
- Who are the decision-makers at Antora Energy?
- Fundz holds 5 contacts at Antora Energy, including the VP International. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Sustainability around the same time
Companies in the same sectors as Antora Energy that raised within 45 days of this round, from Fundz verified event records.
- LG Energy Solution Ltd raised $1.4B on March 24, 2022.
- Diversified Energy raised an undisclosed amount (Funding Round) on February 24, 2022.
- Diversified Energy raised an undisclosed amount (Funding Round) on February 7, 2022.
- Planetary Technologies raised $7.8M (Funding Round) on March 17, 2022.
- Validere raised $43M (Funding Round) on March 15, 2022.
- RE Royalties Ltd raised $4.6M (Seed) on March 2, 2022.
Who to call at Antora Energy, and when
A new round usually means Antora Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Antora Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Antora Energy, from your own LinkedIn network
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Related People
Antora Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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