Antora Energy Raises $150 Million to Slash Industrial Emissions and Spur U.S. Manufacturing
Feb 22, 2024•almost 2 years ago
Amount Raised
$150 Million
Investors
Grok VenturesOverture VcBhp VenturesBreakthrough Energy VenturesLowercarbon CapitalTrust VenturesNext Era Energy Resources, LlcThe Nature ConservancyGs FuturesEmerson CollectiveDecarbonization Partners
Description
Antora Energy raised a $150 million Series B funding round led by Decarbonization Partners, with participation from Emerson Collective, GS Futures, The Nature Conservancy, a subsidiary of NextEra Energy Resources, LLC, Trust Ventures, Lowercarbon Capital, Breakthrough Energy Ventures, BHP Ventures, Overture VC, and Grok Ventures. The funding will enable Antora to ramp up production of its factory-made thermal batteries to deliver zero-emissions energy to industrial customers.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech