COMPANY PROFILE

Rondo Energy

Ondo Energy makes industrial decarbonization possible via a Heat battery that captures low-cost renewable electricity and delivers continuous high-temperature heat, enabling customers to power their…

Alameda, United StatesFounded 2020Energy

Valuation $50–100M Last recorded · 2022

Headcount 100–500 Current team size

Total funding $50–100M Disclosed equity funding

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About Rondo Energy

Rondo Energy specializes in providing thermal batteries that store renewable energy heat, designed to decarbonize energy-intensive industrial processes. The company serves clients across various sectors including steel, cement, chemicals, pharmaceuticals, and low-carbon fuels. Operating in the renewable energy market, Rondo's business model focuses on selling modular and scalable heat storage units that can be easily integrated into existing industrial facilities. These units help industries reduce their carbon footprint by offering a cost-effective, continuous, and high-temperature energy supply, thereby eliminating the need for fossil fuels. Rondo makes money by selling these heat batteries and offering related services, such as installation and maintenance. The company recently secured $60 million from global giants and leading climate investors to accelerate industrial decarbonization.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2020
Headquarters: Alameda, United States
Employees: 159
Open positions: 15
Dealroom signal: 54.9/100
Sub-industry: Energy Storage
Sector: Energy, Battery, Sustainable Development Goals, Industrial Technology, Thermal Energy Storage, Climate Tech, Stationary Energy Storage, Hard Tech, Industrial Heat, Long Duration Energy Storage, Industrial Electrification, NIF defense security and resilience, slush24
Business model: Manufacturing
Links: Website LinkedIn X

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News, research, reports and resources connected to this company by Dealroom

Funding history

4 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
GROWTH EQUITY VCOther financing	Jun 2024	—	—	H&M	↗
GROWTH EQUITY VCOther financing	Aug 2023	$60M	—	Rio Tinto · Aramco Ventures · Siam cement group · Titan Cement	↗

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Growth signals

Rondo Energy website traffic

Latest recorded traffic for Rondo Energy is 11K monthly website visits, down 35.3% over the last three months. Rondo Energy's team grew 12% over the past year.

Latest monthly visits11K 3-month web change-35.3% 1-year team growth+12%

Monthly website visitsJul 2023–Jul 2026

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Open positions

Openings linked to this company in Dealroom

Project Controls Engineer - Cost & PlanningMadrid, Community of Madrid, Spain · Project Management · Aug 31, 2026 Project Controls Engineer - Cost & Planning New Madrid, SpainMadrid, Spain, Southern Europe, Europe · Project Management · Aug 28, 2026 Senior Global Supply Chain ManagerAlameda, CA · Logistics · Aug 25, 2026 Senior Mechanical Engineer – Thermal & Air Systems Alameda, CAAlameda, California, United States, Northern America, Americas · Other · Aug 14, 2026 Senior Manufacturing Engineer New Alameda, CAAlameda, California, United States, Northern America, Americas · Other · Jul 31, 2026 Electrical Systems Engineer - Power and Controls New Alameda, CAAlameda, California, United States, Northern America, Americas · Other · Jul 31, 2026 Electrical Systems Engineer - Power and ControlsAlameda, CA · Other · Jul 26, 2026 Senior Legal Counsel New Madrid, SpainMadrid, Spain, Southern Europe, Europe · Legal · Jul 24, 2026

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