Tech Company Financing Transactions
RedoxBlox Funding Round
Prelude Ventures, Breakthrough Energy Ventures and Khosla Ventures participated in a $40.7 million Series A funding round for RedoxBlox. The round was announced on 11/1/2024.
Transaction Overview
Company Name
Announced On
11/1/2024
Transaction Type
Venture Equity
Amount
$40,700,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
5066 Santa Fe St. A-C
San Diego, CA 92109
USA
San Diego, CA 92109
USA
Phone
Website
Email Address
Overview
Developer of thermochemical energy storage technology intended to decarbonize high temperature industrial thermal processing and natural gas electric power production. The company helps industrial processors and power plant operators drastically reduce carbon and nitrogen oxide emissions while minimizing the impact on plant total capital costs while increasing grid resiliency and safety. It integrates with the existing infrastructure that currently uses natural gas and an energy storage medium for renewable energy production, enabling industries to leverage renewables through large-scale long-duration energy storage.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
James Klausner
Chief Executive Officer
Pasquale Romano
Chief Technical Officer
Jörg Petrasch
VP - Bus. Development
Scott McNally
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