How much funding has MGA Thermal raised?

MGA Thermal has raised $17.0M in total funding, most recently a Venture Round.

When was MGA Thermal founded?

MGA Thermal was founded in 2019.

Where is MGA Thermal headquartered?

MGA Thermal is headquartered in Tomago, Australia.

What industry is MGA Thermal in?

MGA Thermal operates in Climate Tech.

How many employees does MGA Thermal have?

MGA Thermal has 1-10 employees.

MGA Thermal

24/7 clean energy storage for industry

Tomago, Australia · Founded 2019 · $17.0M raised

Climate Tech

Headquarters: Tomago
Employees: 1–10
Founded: 2019
Business Model: B2B

Website: mgathermal.com
Total Funding: $17.0M
Last Round: $17.0M Venture RoundMar 2026
Rounds: 1

About

MGA Thermal is an Australian clean energy company with breakthrough Miscibility Gap Alloy (MGA) latent heat electro-thermal energy storage technology. Their blocks store renewable energy as heat and deliver clean steam and power to grid and industrial customers 24/7.

Summary

MGA Thermal is a Climate Tech company based in Tomago, Australia, founded in 2019. It has raised $17.0M in total across 1 round, most recently a $17.0M Venture Round round in Mar 2026.