Rondo Energy Secures $60 Million From Global Giants And Leading Climate Investors To Speed Industrial Decarbonization
Amount Raised
$60 Million
Round Type
Funding Round
OaklandOtherEnergySustainabilitySoftwareSemiconductorsInvestors
Description
Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market.
Quick answer
Rondo Energy raised $60 Million in a Funding Round round, dated August 16, 2023. Investors: Siam Cement Group, Seeit, Titan, Scg, Sabic, Aramco Ventures and Rio Tinto. Rondo Energy is based in Oakland, California, United States.
- How much did Rondo Energy raise?
- Rondo Energy raised $60 Million in a Funding Round round on August 16, 2023.
- Who invested in Rondo Energy?
- Siam Cement Group, Seeit, Titan, Scg, Sabic, Aramco Ventures and Rio Tinto are named as investors in this round.
- What does Rondo Energy do?
- Rondo Energy makes industrial decarbonization possible — and profitable — today.
- Where is Rondo Energy based and how big is it?
- Rondo Energy is based in Oakland, California, United States. Fundz records about 130 employees.
- Who are the decision-makers at Rondo Energy?
- Fundz holds 1 contact at Rondo Energy. 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 Rondo Energy that raised within 45 days of this round, from Fundz verified event records.
- Arc raised an undisclosed amount (Funding Round) on September 27, 2023.
- BKV Corporation raised $150M on September 26, 2023.
- Yotta Energy raised $8M (Funding Round) on September 19, 2023.
- T-Rex Group, Inc. raised $10M on September 18, 2023.
- Erthos raised $24M on September 11, 2023.
- AMP raised $19M (Series A) on September 11, 2023.
Who to call at Rondo Energy, and when
A new round usually means Rondo Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Rondo Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rondo Energy, from your own LinkedIn network
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Related People
Rondo 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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