Tech Company Financing Transactions

Electrified Thermal Solutions Funding Round

Electrified Thermal Solutions, based in Medford, secured $4.5 million from Clean Energy Ventures, Starlight Ventures and Clean Energy Venture Group.

Transaction Overview

Announced On
7/20/2022
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Undisclosed
Proceeds Purpose
Electrified Thermal will use the funding in part to build a laboratory prototype, followed by a multi-megawatt demonstration plant.

Company Information

Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
407 Rear Mystic Ave.
Medford, MA 02155
USA
Phone
Undisclosed
Email Address
Overview
Electrified Thermal Solutions started at MIT in the noisy laboratory basement of the Department of Nuclear Science and Engineering. The goal was simple: start an energy revolution. We knew that a zero-carbon world needed a new heat source to replicate the temperature and intensity of fossil fuels, but we didn't yet know how to convert abundant alternative energy to high temperature heat.
Profile
Electrified Thermal Solutions LinkedIn Company Profile
Social Media
Electrified Thermal Solutions Company Twitter Account
Company News
Electrified Thermal Solutions News
Facebook
Electrified Thermal Solutions on Facebook
YouTube
Electrified Thermal Solutions on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Stack
  Daniel Stack LinkedIn Profile  Daniel Stack Twitter Account  Daniel Stack News  Daniel Stack on Facebook
Chief Technical Officer
Joey Kabel
  Joey Kabel LinkedIn Profile  Joey Kabel Twitter Account  Joey Kabel News  Joey Kabel on Facebook


 

 

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Next: 7/20/2022: Veremark venture capital transaction

 

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