Antora Energy

Antora Energy

Provides zero-carbon heat and power solutions

About Antora Energy

Simplify's Rating
Why Antora Energy is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

51-200

Company Stage

Grant

Total Funding

$220M

Headquarters

Sunnyvale, California

Founded

2018

Overview

Antora Energy provides zero-carbon industrial heat and power by utilizing thermal energy storage. Their system converts excess solar and wind electricity into heat, which is stored in carbon blocks. These blocks can deliver heat or electricity on demand, reaching temperatures up to 1500°C. Antora Energy focuses on producing and selling thermal batteries that help heavy industries transition to cleaner energy sources, reducing their carbon footprint while offering a cost-effective alternative to fossil fuels. Their target market includes manufacturing and processing plants, which represent a significant opportunity for decarbonization. The goal of Antora Energy is to make renewable energy a viable and profitable option for heavy industries, contributing to the fight against climate change.

📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing interest in long-duration energy storage boosts Antora's thermal battery market.
  • U.S. Department of Energy funding supports Antora's commercialization efforts.
  • EU carbon regulations create market expansion opportunities for Antora in Europe.

What critics are saying

  • Emerging competition from startups like Exowatt threatens Antora's market position.
  • Scaling operations may challenge Antora as demand for renewable solutions grows.
  • Technological advancements like Australia-Asia Power Link could outpace Antora's solutions.

What makes Antora Energy unique

  • Antora Energy offers zero-carbon industrial heat and power, unlike traditional fossil fuels.
  • Their thermal energy storage uses excess solar and wind electricity innovatively.
  • Antora's carbon block technology provides heat up to 1500°C, a unique industrial solution.

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Funding

Total Funding

$219.9M

Above

Industry Average

Funded Over

3 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Volunteer Time Off

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

10%

2 year growth

5%
Energy Industry Update
Sep 10th, 2024
Antora Energy Named as a Best Workplace for Innovators by Fast Company

Antora Energy was named as a Best Workplace for Innovators in the Energy category for its team- and mission-first culture and its pioneering work to eliminate industrial emissions.

CleanTechnica
Aug 21st, 2024
No Solar Energy? No Problem! Gigantic Undersea Cable Will Make It Happen

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsThe Intertubes absolutely lit up earlier today, when the Australian government finally green-lighted the massive, long awaited Australia-Asia Power Link solar energy project. Under the purview of the startup SunCable, AAPowerLink will connect the nation’s vast solar resources to the energy-hungry island of Singapore by undersea cable. The private sector venture may seem quixotic at first glance, but the technology pieces are in place — it’s just a matter of next steps.Solar Energy By (Very) Long Undersea Cable: Not A DreamThe idea of transporting solar energy by undersea cable is a relatively new twist on an old idea. The use of submarine cables for transporting renewable energy is commonplace, partly by virtue of the offshore wind industry.Long undersea cables are also commonplace and they are getting longer, especially in the field of data transmission. The new Meta undersea cable project circumnavigating Africa, for example, is 45,000 kilometers (about 27,961 miles) long

EnerKnol
Jun 28th, 2024
Energy Department Awards $63 Million to Help Commercialize Novel Energy Technologies

California-based Antora Energy received $14.5 million in funding to commercialize its thermal battery technology.

Bakersfield.com
Jun 27th, 2024
Antora Energy Selected by ARPA-E for $14.5 Million Award to Accelerate Launch of Heat & Power Product

SUNNYVALE, Calif.--(BUSINESS WIRE)--Jun 25, 2024--

Business Wire
Jun 25th, 2024
Antora Energy Selected by ARPA-E for $14.5 Million Award to Accelerate Launch of Heat & Power Product

Antora will partner with Con Edison, the utility that serves New York City and Westchester County, to help meet its ambitious clean heat and power goals for New Yorkers.

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