How much funding has Element 16 raised?

Element 16 has raised $1.5M in total funding, most recently a Grant round.

Who are Element 16's investors?

Element 16's investors include California Energy Commission.

When was Element 16 founded?

Element 16 was founded in 2016.

Where is Element 16 headquartered?

Element 16 is headquartered in Los Angeles, California, United States.

What industry is Element 16 in?

Element 16 operates in Clean Energy.

Element 16

Make every BTU count with on-demand heat storage.

Los Angeles, United States · Founded 2016 · $1.5M raised

Clean Energy

Headquarters: Los Angeles, California
Employees: 1–10
Founded: 2016
Business Model: B2B

Total Funding: $1.5M
Last Round: $1.5M GrantJan 2024
Rounds: 1

About

Element 16 Technologies is a cleantech startup founded in April 2016 by Parker Wells and MAE Associate Professor Richard Wirz at UCLA. The company develops high-temperature thermal energy storage systems using molten sulfur as the storage medium — a novel and cost-effective approach to capturing and releasing industrial process heat and enabling flexible power generation. Element 16's thermal battery is designed to serve commercial and industrial facilities by making every BTU of energy available on-demand, reducing waste and lowering operating costs. The company is staffed by experienced engineers and has won over $1.5 million in grant funding, including from the California Energy Commission, to demonstrate large-scale sulfur thermal battery systems. Element 16 brings lean startup methodology to the energy industry, targeting industries that require reliable, dispatchable heat and power.

Summary

Element 16 is a Clean Energy company based in Los Angeles, United States, founded in 2016. It has raised $1.5M in total across 1 round, most recently a $1.5M Grant round in Jan 2024. Investors include California Energy Commission.

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