MGA Thermal

MGA Thermal

Private
New South WalesEnergy & Sustainabilityhttps://mgathermal.com

Last Round

Grant

Feb 25, 2026

Total Funding Raised

$21.12M

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, Clean Manufacturing, Smart Grid

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

thermal energy storageMGA Blockselectro-thermal energy storageETESthermal batterylong-duration energy storageheat batteryindustrial decarbonizationprocess heatphase-change materialcoal plant retrofitclean steamgrid-scale storagemiscibility gap alloymodular thermal storage

Historical Pricing

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Caplight Momentum Score

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MGA Thermal 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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MGA Thermal Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantFeb 25, 2026
GrantJun 18, 2024
Series AAug 3, 2023
GrantFeb 20, 2023
GrantAug 10, 2022
Series A
Aug 5, 2021

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

InvestorRounds
Kilara CapitalGrant
The MeltSeries A
Pollination GroupSeries A, Grant
Melt VenturesSeries A, Grant
Macdoch VenturesSeries A
Main SequenceSeries A
ShellGrant

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.

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MGA Thermal Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersNew South Wales
Employee Range38
Year Founded2019
Last FundingFeb 25, 2026

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