What is ElectraTherm?
ElectraTherm specializes in generating clean electricity from low-temperature waste heat sources, as low as 70°C, utilizing its proprietary Organic Rankine Cycle (ORC) technology. This innovative approach is deployed across diverse industrial sectors, including oil and gas, mining, geothermal, and biomass, enabling clients to achieve substantial energy efficiency gains, reduce operational costs, and meet stringent environmental sustainability mandates. As a member of the BITZER Group, ElectraTherm benefits from an extensive global network within the industrial refrigeration and energy sectors, reinforcing its position as a leader in waste heat to power solutions.
How much funding has ElectraTherm raised?
ElectraTherm has raised a total of $32.7M across 5 funding rounds:
Private Equity
$5.3M
Private Equity
$18.2M
Private Equity
$1M
Private Equity
$5.3M
Private Equity
$2.8M
Private Equity (2009): $5.4M, investors not publicly disclosed
Private Equity (2010): $18.2M, investors not publicly disclosed
Private Equity (2013): $1M supported by Blue Water Capital
Private Equity (2014): $5.3M, investors not publicly disclosed
Private Equity (2016): $2.8M, investors not publicly disclosed
Key Investors in ElectraTherm
Blue Water Capital
Blue Water Capital is a venture capital and private equity firm based in Arlington, Virginia, known for its investments in various industries. Their participation suggests a strategic interest in ElectraTherm's established market presence and technological innovation.
What's next for ElectraTherm?
With the recent influx of major strategic investment and a substantial overall funding history, ElectraTherm is poised for accelerated growth. The company is likely to focus on expanding its market reach, enhancing its ORC technology for even greater efficiency, and forging new partnerships within the energy and industrial sectors. This capital infusion will support ElectraTherm's mission to provide scalable and sustainable energy solutions, further solidifying its role in the global transition towards reduced emissions and improved energy utilization.
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