$550 Million Funding Round for Antora Energy's Thermal Battery Tech

Antora Energy has secured $550 million in an oversubscribed Series C funding round co-led by G2 Venture Partners and Eclipse.

New investors participating in the round include Ribbit Capital, Salesforce Ventures, Activate Capital, John Doerr, Westly Group, StepStone Group, and Liberty Mutual Strategic Ventures.

Existing investors Decarbonization Partners, Impact Science Ventures, Trust Ventures, Breakthrough Energy Ventures, and Lowercarbon Capital also joined the funding round.

Antora will use the funds to accelerate large-scale energy projects, increase production, establish a second U.S. manufacturing hub, and strengthen its domestic supply chain.