USA – Rondo Energy, an Oakland, CA-based industrial decarbonization company, closed a $22m Series A funding round.
The round was led by Breakthrough Energy Ventures and Energy Impact Partners. This company intends to use the funds to build projects that deliver low-cost, high-temperature and zero-carbon heat across a variety of industries. Led by John O’Donnell, CEO, Rondo Energy makes industrial decarbonization possible via a Heat battery that captures low-cost renewable electricity and delivers continuous high-temperature heat, enabling customers to power their operations with zero-carbon energy.The company plans to begin manufacturing and deliver customer systems later this year.08/02/2022
