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MGA Thermal

MGA Thermal

Private
AustraliaEnergy & Sustainabilityhttps://www.mgathermal.com/

Last Round

Grant

Mar 13, 2026

Est. Valuation

$35M

Total Funding Raised

$32.48M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

MGA Thermal is a clean energy company that develops and manufactures thermal energy storage systems using its proprietary Miscibility Gap Alloy (MGA) blocks to provide reliable, 24/7 industrial heat and electricity from renewable sources.

Sector

Energy & Sustainability

Verticals

Energy Storage, Advanced Materials, Renewable Energy, Smart Grid

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

thermal energy storageTESSlong-duration energy storageLDESindustrial heatprocess heatrenewable energy storagethermal storage mediumdecarbonizationgrid-scale storageenergy transitionheat batteryfront-end engineering designFEEDclean tech

Historical Pricing

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Caplight Momentum Score

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MGA Thermal Comparables

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MGA Thermal comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Kraftblock
85%
Electrified Thermal Solutions
84%
Rondo Energy
82%

MGA Thermal Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantMar 13, 2026
GrantJun 18, 2024
Series A ExtensionApr 16, 2024
Series AAug 3, 2023
GrantFeb 20, 2023
Grant
Aug 10, 2022

Key People

Founding team and executive leadership

Alexander Post

Co-Founder And CTO

Founding Team

Mark Croudace

Chief Executive Officer

Executive Team

GAICD Anna Starrett

Chief Financial Officer

Executive Team

Glen Reynolds

Chief Operating Officer

Executive Team

MGA Thermal Investors

Notable investors and investment history

MGA Thermal investors
InvestorRounds
Kilara CapitalGrant
The MeltSeed
Pollination GroupSeries A, Grant
Melt VenturesSeries A Extension, Series A, Grant
Macdoch VenturesSeed
2040 VenturesSeries A, Seed
Main SequenceSeries A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 13, 2026

    Shane Meaney of IP Group Australia appointed to the Board.

  • Mar 13, 2026

    Launched Miscibility Gaps Alloy (MGA) Blocks for thermal energy storage.

MGA Thermal Filings

SEC and related filings with document metadata.

Data table
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MGA Thermal Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersAustralia
Employee Range39
Year Founded2019
Last FundingMar 13, 2026

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