Electrified Thermal Solutions

Electrified Thermal Solutions

Private
Medford, MassachusettsEnergy & Sustainabilityhttps://electrifiedthermal.com

Last Round

VC Round

Dec 12, 2024

Total Funding Raised

$9.5M

Momentum Score

100 /100

Company Overview

Electrified Thermal Solutions, Inc. (ETS) is a technology company focused on decarbonizing heavy industry by replacing fossil fuel-based heat with renewable electricity. Its core product, the Joule Hive™ Thermal Battery (JHTB), is based on an MIT-developed innovation that makes firebricks electrically conductive. These bricks can convert and store off-peak or renewable electricity as heat at very high temperatures (up to 1800°C), providing a cost-effective, zero-carbon heat source for continuous industrial processes in sectors like cement, steel, and chemicals. The company is on track for a commercial-scale demonstration in 2025 and aims to commercialize its technology by 2026.

Sector

Energy & Sustainability

Verticals

Energy Storage, Clean Manufacturing, Advanced Materials, Smart Manufacturing, Smart Grid

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

thermal batteryindustrial decarbonizationthermal energy storagehigh-temperature heatprocess heatindustrial electrificationelectrically conductive firebricksE-Bricksheat batteryclimate techfossil fuel replacementrenewable energy storagecement decarbonizationsteel decarbonizationadvanced materialsrefractory materials

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Caplight Momentum Score

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Electrified Thermal Solutions Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Electrified Thermal Solutions Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundDec 12, 2024
GrantFeb 14, 2024
SeedJul 20, 2022

Key People

Founding team and executive leadership

Daniel Stack

Co-Founder CEO

Founding Team

Electrified Thermal Solutions Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 23, 2026

    Grew 38% QoQ, from 16 to 22 employees.

  • Apr 18, 2026

    Monthly visitors increased 75% MoM.

Electrified Thermal Solutions Filings

SEC and related filings with document metadata.

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Electrified Thermal Solutions Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersMedford, Massachusetts
Employee Range22
Year Founded2020
Last FundingDec 12, 2024

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