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Electrified Thermal Solutions
Energy · Medford, United States · Founded 2020
Electrified Thermal Solutions, Inc. is developing the Joule Hive: a new energy storage technology that converts surplus zero-carbon electricity into heat MoreLess
Electrified Thermal Solutions is a pioneering startup that is revolutionizing the industrial heating sector by electrifying firebricks. The company's innovative product, the Joule Hive thermal battery (JHTB), is a result of nearly a decade of research at MIT. The JHTB is a thermal energy storage system that uses electrically and thermally conductive bricks to provide low-cost, decarbonized heat for industrial applications. The system can reach temperatures up to 1,800°C (3,275°F), making it suitable for high-temperature industries such as steel, cement, glass, and chemicals.
The company's business model involves partnering with existing brick manufacturers to ensure scalability. The electrically conductive firebrick, the core of the JHTB, is a game-changer in the industry. It can convert electricity to high temperatures, enabling the electrification of high-temperature industries. Moreover, the high temperatures achieved by the bricks allow for energy storage with over 95% efficiency. This means that inexpensive off-peak electricity can be used to reduce the cost of decarbonization, making it competitive with existing fossil fuel sources.
The JHTB works by running electricity through the bricks to heat them up to 1,800°C. The thermal energy is stored at that temperature and then discharged by running air or another gas through the brick channels. This heat can then be used in any furnace, boiler, turbine, or kiln. This innovative approach to industrial heating positions Electrified Thermal Solutions as a leader in the decarbonization of the industrial sector.
Keywords: Electrified Thermal Solutions, Joule Hive thermal battery, electrically conductive firebrick, industrial heat, decarbonization, energy storage, high-temperature industries, off-peak electricity, thermal energy, brick manufacturers.
Company overview
Electrified Thermal Solutions company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- Medford, United States
- Employees
- 24
- Open positions
- None listed
- Dealroom signal
- 90.8
Valuation & funding
Electrified Thermal Solutions funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Sep 2025 | $0 | — | ArcelorMittal | ↗ |
| EARLY VCOther financing | Dec 2024 | $19M | $76M | Clean Energy Venture Group · Vale · TechEnergy Ventures · Tupras Ventures | ↗ |
| GRANTOther financing | Aug 2024 | $40M | — | US Department of Energy | ↗ |
| GRANTOther financing | Jan 2024 | $0 | — | US Department of Energy | ↗ |
| GRANTOther financing | May 2023 | $100K | — | MassVentures | ↗ |
| EARLY VCOther financing | Jul 2022 | Starlight Ventures · Clean Energy Ventures | ↗ | ||
| SPINOUTOther financing | Jan 2020 | Massachusetts Institute of Technology | — |
Growth signals
Electrified Thermal Solutions website traffic
Latest recorded traffic for Electrified Thermal Solutions is 2.1K monthly website visits, down 63.8% over the last three months. Electrified Thermal Solutions's team grew 50% over the past year.
Hiring
Open positions at Electrified Thermal Solutions
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Comparisons
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Talent graph
Electrified Thermal Solutions's talent
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Investors
12 investors on Electrified Thermal Solutions's cap table
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Global footprint
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In the news
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Market sentiment
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