Big Law

BlackRock and Temasek-Led Group Invest $150 Million in Thermal Battery Maker Antora Energy

Thermal battery maker Antora Energy on Thursday said it has raised $150 million in a funding round led by a tie-up between the world’s biggest asset manager BlackRock and Singapore state investment firm Temasek.

The BlackRock-Temasek partnership, called, Decarbonization Partners, led an investor group including Emerson Collective, GS Futures, The Nature Conservancy, Lowercarbon Capital, Breakthrough Energy Ventures and top global miner BHP’s venture capital unit.

The fresh financing for the startup will underpin an increase in production of its batteries, blocks of solid carbon heated with renewable energy.

Read the source article at Yahoo Finance

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