Rondo Energy Closes $22M Series A Funding

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Summary

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.

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