Thermal Energy Storage Startup Fourth Power Raises $19 Million
The funding will support the construction of a 1 MWh-e prototype facility outside Boston
December 14, 2023
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Fourth Power, a thermal energy storage startup, has secured $19 million in Series A funding led by DCVC, with participation from Breakthrough Energy Ventures and Black Venture Capital Consortium. The funding will support the construction of a 1 MWh electric prototype thermal energy storage facility outside Boston, with an expected completion date in 2026.
