Rondo Energy

Lowest-Cost Industrial Heat & Power

Alameda, United States · Founded 2020 · $82.0M raised

Employees
51–200
Founded
2020
Business Model
B2B
Website
rondo.com
Total Funding
$82.0M
Last Round
$60.0M Series BJan 2024
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Founded in 2020 and based in Alameda, California, Rondo Energy develops Electrified Thermal Energy Storage (ETES) systems that charge on cheap intermittent wind and solar power and discharge continuous high-temperature heat 24/7. Its Rondo Heat Battery serves industrial customers in steel, cement, chemicals, and food processing, delivering heat at 1,100–1,500°C with 98% efficiency.

Summary

Rondo Energy is a Clean Energy company based in Alameda, United States, founded in 2020. It has raised $82.0M in total across 2 rounds, most recently a $60.0M Series B round in Jan 2024.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Series BSeries B2024 (est.)
$60.0M

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Funding: Series A through Series B. Amounts, valuations, and investors where available.

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