Element 16 Technologies logo — Element 16 improves energy efficiency at industrial processi...

Element 16 Technologies

Element 16 improves energy efficiency at industrial processing facilities with heat storage technology.

Founded 2016 United States Los Angeles, United States 5 employees Seed Total: $6.00M

General Information

Company Name Element 16 Technologies
Founded Year 2016
Location United States Los Angeles, United States +1
Employees 5
Funding Stage Seed
Social

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About Element 16 Technologies

Element 16 Technologies, founded in 2016, is an innovative player in the energy sector, focusing on enhancing energy efficiency through pioneering heat storage technologies. Positioned in the United States, the company is committed to enabling a more energy-efficient future for industrial processing facilities. With a team of seasoned engineers at its helm, Element 16 leverages lean startup methodologies to disrupt traditional energy paradigms.

By employing high-temperature heat storage solutions, the company aims to optimize energy usage and deliver cost savings to commercial facilities, aligning with its mission statement. Their last injection of capital came through a Support Program investment from MassChallenge on May 1, 2021. This support underscores confidence in their innovative approach within the energy landscape.

Investors evaluating Element 16 Technologies will find a passionate team driven by a clear vision and backed by a track record of technical expertise in the energy sector.

Taxonomy: High-Temperature Heat Storage, Energy Efficiency, Industrial Processing Facilities, Thermal Energy Storage, CHP (Combined Heat and Power), Solar Energy, Wind Energy, Energy Technology, Lean Startup Innovation, Energy Cost Savings, Disruptive Energy Technology, Commercial Facilities

Services & Products

development of heat storage technologies
providing innovative energy solutions

Target Customers

energy companies industrial sectors renewable energy providers technological innovators in energy

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Support Program •••••• 1
Investor
01 May 2021
Grant •••••• - 01 Jun 2019
Seed •••••• - 01 Jan 2019
Grant •••••• 1
Investor
01 May 2018
Grant •••••• 1
Investor
01 Apr 2017

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FAQ About Element 16 Technologies

Element 16 improves energy efficiency at industrial processing facilities with heat storage technology.
Element 16 Technologies was founded in 2016.
Element 16 Technologies is headquartered in Los Angeles, United States.
Element 16 Technologies has approximately 5 employees.
Element 16 Technologies has completed 5 funding rounds, raising a total of $6.00M. The latest funding stage is Seed.
Element 16 Technologies offers: development of heat storage technologies, providing innovative energy solutions.
Top alternatives and competitors to Element 16 Technologies include 1414 Degrees Ltd, Cartesian, Cache Energy, Heliac, Hyme. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Element 16 Technologies and 1414 Degrees Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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