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Tempo

Modular thermochemical storage powering industrial heat

Overview

RedoxBlox builds a modular thermochemical energy storage (TCES) system that stores energy at very high temperatures using chemical and sensible-heat storage. Energy is held inside each unit and released on demand to provide high-temperature heat for industry or electricity for the grid. Unlike solutions that focus only on industrial heat or electrical storage, the system combines high-temperature storage with scalable modules for both decarbonizing fossil-fuel heat and enabling long-duration grid storage. The goal is to reduce carbon emissions in heavy industry while offering reliable, grid-stabilizing storage, supported by funding to scale production and adoption.

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About Tempo

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Industries

HardwareIndustrial & ManufacturingEnergy

Company Size

1-10

Company Stage

Series A

Total Funding

$48.3M

Headquarters

San Diego, null

Founded

2020

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Funding

Total Funding

$48.3M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$30M
$30M

Benefits

  • Company Equity

Company News

Associated Press
Jun 11th, 2026
Tempo opens San Diego HQ to scale thermal batteries for industrial electrification

Tempo, a thermochemical energy storage startup, has announced a new 35,000-square-foot headquarters in San Diego's Sorrento Mesa corridor. The facility will support materials development, engineering, prototype assembly and system testing as the company scales its industrial electrification solutions. Tempo develops storage systems that enable industrial operators to electrify high-temperature processes traditionally powered by fossil fuels. The platform delivers combustion-free air at temperatures up to 1,200°C with a lower levelised cost of storage than lithium iron phosphate systems. The company claims its technology provides continuous heat delivery with precision temperature control from 100°C to 1,200°C. Tempo is backed by Breakthrough Energy Ventures, Khosla Ventures and Prelude Ventures. The company plans to announce gigawatt-scale production partnerships later this year.

Utility Dive
Nov 5th, 2024
Redoxblox raises $40.7M to commercialize long-duration thermochemical storage technology

In addition to the Series A funding, Redoxblox in January received grants of $8.9 million from the California Energy Commission and $6.7 million from the U.S. Department of Energy to support two demonstration projects, the company said.

Renewables Now Ltd
Oct 31st, 2024
Energy storage start-up Redoxblox bags USD 40.7m in funding round

Further in the Wednesday statement, Redoxblox announced the appointment of Pasquale Romano as the new CEO of the company to lead it through its next phase of growth, expanding into key industrial heat and long-duration grid-scale storage markets.

GlobeNewswire
Oct 30th, 2024
Redoxblox Closes $40.7 Million Series A to Support Industrial Decarbonization and Grid Storage with Next-Gen Thermochemical Energy Storage System

SAN DIEGO, Oct. 30, 2024 (GLOBE NEWSWIRE) - Redoxblox raised an additional $30M in Series A funding, led by Prelude Ventures and joined by Imperative Ventures and New System Ventures, alongside existing investors Breakthrough Energy Ventures and Khosla Ventures.

PitchBook
Jan 17th, 2024
Global VC deals for January 12, 2024 | PitchBook

Finn raised a €100 million Series C led by Planet First Partners. The round values the Munich-based car subscription startup at over $600 million. D-Orbit secured €100 million in the first close of...

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