MGA Thermal
Provider of solutions for thermal energy storage. In its system, modular blocks are stacked into insulated storage tanks, which can store energy for use in many applications. By storing excess thermal energy, It helps to ensure a stable supply of electricity to the grid, effectively enabling base load power generation. Founded in 2019, headquartered in Newcastle, Australia. The company has raised $47.1M in funding…
Funding snapshot
About
Provider of solutions for thermal energy storage. In its system, modular blocks are stacked into insulated storage tanks, which can store energy for use in many applications. By storing excess thermal energy, It helps to ensure a stable supply of electricity to the grid, effectively enabling base load power generation. Founded in 2019, headquartered in Newcastle, Australia. The company has raised $47.1M in funding at the series a stage. The team comprises 39 (Jun 30, 2026) employees. MGA Thermal operates in the Energy Storage Tech, Renewable Energy Tech sectors. The company focuses on Thermal, Phase Change Materials. Notable investors include Main Sequence, Melt Ventures, Jekara, CP Ventures, Varley, Climate Venture Capital Fund, among others. The company has a team of 39 employees.
Business model
Renewable Energy Tech > Horizontal > Energy Storage > Thermal,
Energy Storage Tech > Energy Storage System > Thermal > Phase Change Materials
Institutional investors
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