Tech Company Financing Transactions

Kraftblock Funding Round

Kraftblock, based in Saarland, raised $21.9 million from A&G Energy Transition Tech Fund, Finindus and Future Industry Ventures.

Transaction Overview

Company Name
Announced On
8/9/2023
Transaction Type
Venture Equity
Amount
$21,910,000
Round
Series B
Proceeds Purpose
The company will use the funds to expand its sustainable thermal storage technology globally.

Company Information

Company Status
Private & Independent
Industry
Environmental
Mailing Address
Industriestraße 2, Sulzbach/Saar
Saarland, 66280
DE
Email Address
Overview
Kraftblock is a multifunctional Energy Storage for heat and power. The Kraftblock energy storage system has two application forms: It can be used a Waste-Heat Recycling System for the conversion and reuse of waste heat and as Net-Zero Heat System to replace fossil energies with renewable ones.
Profile
Kraftblock LinkedIn Company Profile
Social Media
Kraftblock Company Twitter Account
Company News
Kraftblock News
Facebook
Kraftblock on Facebook
YouTube
Kraftblock on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Martin Schichtel
  Martin Schichtel LinkedIn Profile  Martin Schichtel Twitter Account  Martin Schichtel News  Martin Schichtel on Facebook
Chief Financial Officer
Susanne König
  Susanne König LinkedIn Profile  Susanne König Twitter Account  Susanne König News  Susanne König on Facebook


 

 

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We do our best to document every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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