Rondo Energy
PrivateLast Round
Grant
Jun 26, 2024
Total Funding Raised
$162M
Company Overview
Rondo Energy operates in Energy & Sustainability and is based in Alameda, California. Its latest recorded funding round was a Grant round in June 2024.
Rondo Energy is an alternative energy equipment company that provides industrial heat solutions by capturing low-cost renewable electricity and delivering continuous high-temperature heat for industrial decarbonization.
Sector
Energy & Sustainability
Verticals
Energy Storage, Clean Manufacturing, Renewable Energy, Smart Manufacturing
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting, Hardware + Subscription
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Rondo Energy Comparables
Compare Rondo Energy with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Antora Energy | 89% | |
| Kraftblock | 83% | |
| RedoxBlox | 83% |
For institutional investors. Book with your work email.
Rondo Energy Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Jun 26, 2024 | ||||
| Series B | Aug 16, 2023 | ||||
| Series A | Feb 8, 2022 |
For institutional investors. Book with your work email.
Key People
Founding team and executive leadership
For institutional investors. Book with your work email.
Rondo Energy Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| SDCL Efficiency Income Trust plc | Series B |
| European Commission | Grant |
| Breakthrough Energy Catalyst | Grant |
| Breakthrough Energy Ventures | Series A, Series B |
| European Investment Bank Group | Grant |
| Breakthrough Energy Foundation | Series A |
| Sustainable Development Capital LLP | Series B |
For institutional investors. Book with your work email.
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 3, 2026
Rondo Heat Battery is now commercially deployed.
- Nov 3, 2025
Added Eastman Chemical Co. as a customer.
For institutional investors. Book with your work email.
Recent news
Latest coverage and updates
- expands_facilitiesOct 23, 2026
Rondo starts front-end engineering design work on a 360 MWh energy storage project for deployment at the Yarwun alumina refinery in Australia, supported by a $3.6-million initial grant and a further $38-million commitment from ARENA.
- receives_financingOct 20, 2026
Rondo receives an initial $3.6M tranche of ARENA funding in Australia on Oct 21st '26 to support a front-end engineering and design study for its project.
- partners_withOct 20, 2026
Rondo and Rio Tinto Limited partner on and start front-end engineering and design for a 360 MWh industrial heat battery at the Yarwun alumina refinery in Australia on Oct 21st '26.
- signs_new_clientSep 23, 2026
Rondo is selected by Good Heat as the OEM for Project Arcadia, which is due to start construction in 2027.
For institutional investors. Book with your work email.
Rondo Energy Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Book a demoFor institutional investors. Book with your work email.
Frequently Asked Questions
Common questions about Rondo Energy's valuation, stock price, and market status.
Is Rondo Energy a public or private company?
Rondo Energy is a private company.
What is the current stock price of Rondo Energy?
Rondo Energy is a private company, so its shares have no public market price. Caplight tracks Rondo Energy's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Rondo Energy worth (valuation)?
Valuation information for Rondo Energy is not publicly available.
Can I buy Rondo Energy stock?
Rondo Energy shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Rondo Energy's last funding round?
Rondo Energy's most recent funding round was Grant on June 26, 2024.
Who are the main investors in Rondo Energy?
Key investors in Rondo Energy include SDCL Efficiency Income Trust plc, European Commission, Breakthrough Energy Catalyst, Breakthrough Energy Ventures, European Investment Bank Group.
Will Rondo Energy IPO soon?
No public IPO plans have been announced for Rondo Energy.
How can I track Rondo Energy secondary market activity?
Caplight tracks bids, offers, and trades in Rondo Energy's shares on secondary markets.