MGA Thermal: Funding, Investors & Team (Sep 2026)
MGA Thermal is a deep tech startup that provides a clean, economical, and scalable advanced thermal storage, enabling renewable energy to reliably provide 100% of base load power. Its core technology is a newly invented type of thermal storage material, Miscibility Gap Alloys (MGA). Modular blocks of MGA are stacked into insulated storage tanks, which can store energy for use in a vast range of applications, such as improving the electrical grid’s stability, residential and commercial space heating, industrial process and waste heat, and electric vehicles. MGA Thermal is based in Newcastle, Australia.
MGA Thermal has raised $500k across 1 funding round on record, the most recent an undisclosed round of $500k announced in Jun 2020.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
MGA Thermal Company Profile and Key Stats
Latest funding round on record: Jun 2020.
MGA Thermal Funding Rounds
MGA Thermal Founders and Leadership Team
No contact details are on record for this team yet.
MGA Thermal Funding Compared to Other Energy Startups
MGA Thermal's latest round of $500k is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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MGA Thermal Funding FAQs
What does MGA Thermal do?
MGA Thermal is a deep tech startup that provides a clean, economical, and scalable advanced thermal storage, enabling renewable energy to reliably provide 100% of base load power. Its core technology is a newly invented type of thermal storage material, Miscibility Gap Alloys (MGA). Modular blocks of MGA are stacked into insulated storage tanks, which can store energy for use in a vast range of applications, such as improving the electrical grid’s stability, residential and commercial space heating, industrial process and waste heat, and electric vehicles. MGA Thermal is based in Newcastle, Australia.
How much funding has MGA Thermal raised?
MGA Thermal has raised $500k across 1 round on record. The most recent is an undisclosed round of $500k announced in Jun 2020.
When did MGA Thermal last raise funding?
MGA Thermal's most recent funding round on record is an undisclosed round of $500k, announced in Jun 2020.
Who is the CEO of MGA Thermal?
Erich Kisi is listed as CEO at MGA Thermal.
Where is MGA Thermal headquartered?
MGA Thermal is based in Newcastle, New South Wales, Australia.
How many employees does MGA Thermal have?
MGA Thermal is in the 1-10 employee band.
How does MGA Thermal's funding compare to other Energy startups?
MGA Thermal's latest round of $500k is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's MGA Thermal Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for MGA Thermal is left off this page rather than filled in.
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