Electrified Thermal Solutions

Industry Electrified.

General Information
Industries
Energy, Renewable Energy +1
Funding Stage
Grant
Product Stage
-
Business Model
-
Company Overview
Founded
2021
Employees
13
Location
Medford, United States
Electrified Thermal Solutions - Company Details
Electrified Thermal Solutions is a groundbreaking startup with a mission to revolutionize the industrial sector with electrified solutions. Founded in 2021 and based in the United States, their slogan "Industry Electrified" encapsulates their core vision. The company has developed electrically-conductive firebricks that serve as the foundation for their thermal energy storage systems, known as Joule Hives. These systems enable the provision of low-cost heat to a diverse array of industrial applications, marking a significant departure from traditional combustion-based methods. One of the standout aspects of Electrified Thermal Solutions is their strong academic backing, having been developed over almost a decade at MIT. Their focus on energy and renewable energy aligns with the global push for sustainable alternatives, positioning the company within a highly relevant and high-potential market. In May 31, 2023, the company received a significant boost with a $100.00K grant investment from MassVentures. This injection of funds not only validates the potential of the company but also provides the necessary resources to further develop and commercialize their innovative solutions. This recent investment marks a pivotal moment for Electrified Thermal Solutions as they strive to make a lasting impact on the industrial landscape with their transformative technology.