Antora Energy Raises $550M for Thermal Battery Expansion
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Battery storage startup Antora Energy has raised $550 million in a Series C funding round led by G2 Venture Partners and Eclipse. The company will use the funds to expand production of its thermal batteries, which store low-cost electricity as heat and can serve various industries, including data centers and heavy industry. Antora claims its technology is fast to deploy and does not rely on supply-constrained critical minerals. The raise is one of the largest in the cleantech sector this year.
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