MGA Thermal Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 36

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $14.2M

  • Investors
  • 23

MGA Thermal General Information

Description

Developer of thermal storage systems and equipment designed to store renewable energy. The company offers thermal storage materials capable of storing energy as heat in a safe way, enabling businesses to shift to renewable sources by providing a new way to store clean, economical, and scalable energy.

Contact Information

Website
www.mgathermal.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 39 Laverick Avenue
  • Tomago, New South Wales 2322
  • Australia
Primary Industry
Other Materials
Other Industries
Energy Storage
Vertical(s)
CleanTech, Climate Tech
Corporate Office
  • 39 Laverick Avenue
  • Tomago, New South Wales 2322
  • Australia

MGA Thermal Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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MGA Thermal Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Later Stage VC (Series B) 03-Dec-2024 $14.2M Completed Generating Revenue
11. Grant 18-Jun-2024 Completed Generating Revenue
10. Accelerator/Incubator 20-Feb-2023 Completed Generating Revenue
9. Grant 10-Aug-2022 Completed Generating Revenue
8. Early Stage VC Completed Generating Revenue
7. Early Stage VC (Series A) 02-Aug-2021 Completed Generating Revenue
6. Accelerator/Incubator 01-Sep-2020 Completed Generating Revenue
5. Seed Round 28-Apr-2020 Completed Generating Revenue
4. Grant 09-Apr-2020 $330K $10.7K Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2019 $10.7K $10.7K Completed Startup
To view MGA Thermal’s complete valuation and funding history, request access »

MGA Thermal Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Preference
To view MGA Thermal’s complete cap table history, request access »

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MGA Thermal Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of thermal storage systems and equipment designed to store renewable energy. The company offers thermal storag
Other Materials
Tomago, Australia
36 As of 2024

Sulzbach, Germany
 

Sunnyvale, CA
 
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MGA Thermal Competitors (4)

One of MGA Thermal’s 4 competitors is Kraftblock, a Pending Transaction (VC) company based in Sulzbach, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Kraftblock Pending Transaction (VC) Sulzbach, Germany
Antora Energy Venture Capital-Backed Sunnyvale, CA
1414 Degrees Corporation Tonsley, Australia
Rondo Energy Venture Capital-Backed Oakland, CA
To view MGA Thermal’s complete competitors history, request access »

MGA Thermal Patents

  • 10

    Total Documents Applications and Grants

  • Total Patents Families

  • 3

    Granted

  • 7

    Pending

  • Expiring in next 12 mo

MGA Thermal Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2021904176-A0 Energy storage Pending 21-Dec-2021
AU-2022275394-B1 Energy storage Active 21-Dec-2021
AU-2023203173-A1 Energy storage Pending 21-Dec-2021
EP-4453496-A1 Energy storage Pending 21-Dec-2021
CA-3239132-A1 Energy storage Pending 21-Dec-2021 F28D20/021
To view MGA Thermal’s complete patent history, request access »

MGA Thermal Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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MGA Thermal Investors (23)

Investor Name Investor Type Holding Investor Since Participating Rounds
Climate Salad Corporation Minority
Electrifi Ventures Angel Group Minority
Jekara Group Venture Capital Minority
Melt Ventures Venture Capital Minority
Pollination Venture Capital Minority
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MGA Thermal FAQs

  • When was MGA Thermal founded?

    MGA Thermal was founded in 2019.

  • Where is MGA Thermal headquartered?

    MGA Thermal is headquartered in Tomago, Australia.

  • What is the size of MGA Thermal?

    MGA Thermal has 36 total employees.

  • What industry is MGA Thermal in?

    MGA Thermal’s primary industry is Other Materials.

  • Is MGA Thermal a private or public company?

    MGA Thermal is a Private company.

  • What is MGA Thermal’s current revenue?

    The current revenue for MGA Thermal is .

  • How much funding has MGA Thermal raised over time?

    MGA Thermal has raised $20.9M.

  • Who are MGA Thermal’s investors?

    Climate Salad, Electrifi Ventures, Jekara Group, Melt Ventures, and Pollination are 5 of 23 investors who have invested in MGA Thermal.

  • Who are MGA Thermal’s competitors?

    Kraftblock, Antora Energy, 1414 Degrees, and Rondo Energy are competitors of MGA Thermal.

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