RedoxBlox develops thermochemical energy storage (TCES) units that store energy as heat and chemical energy at temperatures up to 1,500°C, providing a scalable alternative to fossil fuels for industrial processes. Their technology offers higher energy density than lithium-ion batteries, enabling decarbonized industrial heat and grid-scale storage at a lower cost.
Funding
$30M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many industrial processes rely on fossil fuels to generate high-temperature heat, contributing significantly to carbon emissions. Existing energy storage solutions like lithium-ion batteries have limitations in terms of energy density and cost-effectiveness for high-temperature industrial applications.
Solution
RedoxBlox offers thermochemical energy storage (TCES) units that store energy as both heat and chemical energy at temperatures up to 1,500°C. This provides a scalable and cost-effective alternative to fossil fuels for industrial heating and grid-scale energy storage. The TCES system boasts higher energy density compared to lithium-ion batteries and utilizes fully recyclable, non-toxic materials. The modular design allows for flexible deployment and integration into various industrial settings.
Target Audience
The primary target audience includes companies in the chemicals, pulp & paper, cement, refining, metals, food & beverage, mining, and consumer products industries, as well as grid operators seeking decarbonized baseload and peaking power solutions.
Features
- Stores energy as both sensible heat and chemical energy for increased energy density.
- Operates at temperatures up to 1,500°C, suitable for high-temperature industrial processes.
- Modular construction enables scalable energy storage solutions.
- Utilizes fully recyclable and non-toxic materials.
- Offers a higher energy density than lithium-ion batteries at a lower cost.
- Provides 2-4 hours of intermittent, low-cost power.