Electrified Thermal Solutions
PrivateLast 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
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Electrified Thermal Solutions Comps
Public and private peers based on sector, stage, and business model.
Electrified Thermal Solutions Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Dec 12, 2024 | ||||
| Grant | Feb 14, 2024 | ||||
| Seed | Jul 20, 2022 |
Electrified Thermal Solutions Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| TechEnergy Ventures | VC Round |
| EDP Ventures | VC Round |
| GVP Climate | VC Round |
| Clean Energy Venture Group | Seed, VC Round |
| The Grantham Foundation for the Protection of the Environment | Seed |
| Holcim MAQER Ventures | VC Round |
| Tupras Ventures | VC Round |
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
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|---|---|---|---|---|---|---|
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Frequently Asked Questions
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