R
Rondo Energy
Energy · Oakland, United States · Founded 2020
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… MoreLess
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.
Keywords: thermal batteries, renewable energy, industrial decarbonization, zero-carbon heat, modular units, scalable solutions, continuous energy supply, high-temperature energy, fossil fuel replacement, energy storage.
Company overview
Rondo Energy company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- Oakland, United States
- Employees
- 159
- Open positions
- 15
- Dealroom signal
- 54.9
Valuation & funding
Rondo Energy funding history
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 | ↗ |
| GROWTH EQUITY VCOther financing | Jul 2023 | $0 | — | Titan Cement | ↗ |
| SERIES AOther financing | Feb 2022 | $22M | $88M | Breakthrough Energy Ventures · Energy Impact Partners | ↗ |
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.
Hiring
Open positions at Rondo Energy
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Comparisons
Rondo Energy compared with similar companies
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Talent graph
Rondo Energy's talent
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Investors
11 investors on Rondo Energy's cap table
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Global footprint
Where Rondo Energy has talent and traffic
team presence
In the news
Latest news about Rondo Energy
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Market sentiment
What the market is saying about Rondo Energy
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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