Element 16
formerly Element 16 TechnologiesElement 16 is a clean energy company in Los Angeles, United States, founded in 2016. It has raised $4.5M across 4 rounds, most recently a $1.5M Grant in 2024 (est.).
Make every BTU count with on-demand heat storage.
- Headquarters
- Los Angeles, California
- Employees
- 1–10
- Founded
- 2016
- Business Model
- B2B
- Website
- element16.com
- Total Funding
- $4.5M
- Last Round
- $1.5M GrantJan 2024
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 4 funding rounds and 3 investors for this company. The full record is or through the API.
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
It lists 1–10 employees. It has raised $4.5M in total across 4 rounds, most recently a $1.5M Grant round in 2024 (est.). Investors include California Energy Commission, MassChallenge and SparkLabs Global Ventures.
Tech & App Stack
1 technology or app tracked
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Funding History
2024 (est.)
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Funding: Grant. Amounts, valuations, and investors where available.
Investors
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