Malta is building a new type of electro-thermal energy storage system that can collect and store energy from any source (i.e. wind, sun, or fossil fuels), in any location and for long durations, and dispatch it as electricity on demand.
Location: United States, Massachusetts, Cambridge
Employees: 11-50
Total raised: $76M
Founded date: 2018
Investors 4
| Date | Name | Website |
| - | Unreasonab... | unreasonab... |
| - | PETRONAS V... | petronas.c... |
| - | Breakthrou... | breakthrou... |
| - | Piva Capit... | piva.vc |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 24.02.2021 | Series B | $50M | - |
| 20.12.2018 | Series A | $26M | - |
Mentions in press and media 22
| Date | Title | Description |
| 30.11.2023 | Malta Closes Funding Round | Malta, a Cambridge, MA-based company which specializes in long-duration energy storage, raised an undisclosed amount in funding. The round saw participation from Siemens Energy Ventures and Alfa Laval, as well as existing shareholders Break... |
| 01.12.2022 | Roth Capital Partners and Sustain SoCal to Host 5th Annual Sustainability Private Capital Virtual Event on December 7-8, 2022 | Event to Feature a Range of Leading Private Sustainability Companies from Solar/Storage, e-Mobility, Smart City, Circular Economy and Water verticals. /EIN News/ -- NEWPORT BEACH, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -... |
| 28.10.2021 | Wowzer: Malta, NB Power developing 1,000 MWh energy storage facility | Wowzer: Malta, NB Power developing 1,000 MWh energy storage facility By Chris Crowell October 28, 2021 View Profile This is a rendering of a 100-MW Malta plant Now this is some long duration energy storage. Malta Inc. is in advanced plannin... |
| 08.07.2021 | Siemens and Malta team up to develop scalable energy storage technology | Malta, a long-duration energy storage system producer, and Siemens Energy have teamed up to build new thermal turbomachinery for energy storage. The pumped heat energy storage (PHES) system uses thermo-mechanic components for what Malta sai... |
| 06.03.2021 | Malta Closes $50 Million To Commercialize Its Long-Duration Energy Storage System | Malta — a pioneer in long-duration energy storage — recently announced it has raised $50 million in a Series B round of funding. Malta — a pioneer in long-duration energy storage — recently announced it has raised $50 million in a Series B ... |
| 25.02.2021 | ALFA LAVAL AB Alfa Laval : is part of the next phase of development for a sustainable energy storage solution | Alfa Laval - a world leader in heat transfer, centrifugal separation and fluid handling - is part owner in the technology company Malta Inc. which is developing a completely new energy storage solution that will facilitate the shift towards... |
| 25.02.2021 | Alfa Laval : is part of the next phase of development for a sustainable energy storage solution | Alfa Laval - a world leader in heat transfer, centrifugal separation and fluid handling - is part owner in the technology company Malta Inc. which is developing a completely new energy storage solution that will facilitate the shift towards... |
| 24.02.2021 | Malta Raises $50M | Malta Inc., a pioneer in long-duration energy storage, today announced it has raised $50M in a Series B round of funding. The financing was led by integrated energy group Proman with participation from new investor Dustin Moskovitz and exis... |
| 24.02.2021 | Malta Raises $50M in Series B Funding | Malta Inc., a Cambridge, Mass.-based long-duration energy storage company, raised $50M in Series B funding. The round was led by Proman with participation from new investor Dustin Moskovitz and existing investors Alfa Laval and Breakthrough... |
| 24.02.2021 | Malta Raises $50M in Series B | CAMBRIDGE, MA, Malta, a pioneer in long-duration energy storage, has raised $50M in a Series B round of funding led by Proman. >> Click here for more funding data on Malta >> To export Malta funding data to PDF and Excel, cl... |
Show more