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247Solar: Develops high-temp concentrated solar power (CSP) and thermal energy storage for 24/7 zero-carbon electricity and industrial heat.
Based in Cambridge, Massachusetts, 247Solar develops modular, high-temperature concentrated solar power and thermal energy storage systems. The company's technology utilizes heliostats to heat air to approximately 1,000 degrees Celsius, driving turbines that generate 400 kilowatts of electricity and 600 kilowatts of industrial-grade heat. Operating with an estimated headcount of under 50 employees, the enterprise sells its proprietary solar plants and thermal heat batteries to utilities, off-grid mining operations, and industrial manufacturers. 247Solar has secured financial backing from investors such as Alumet Limited and Ignite Technology Ventures, alongside grant funding from the US Department of Energy. The organization has also established strategic partnerships with Capstone Green Energy for manufacturing and the Moroccan Agency for Sustainable Energy for commercial demonstration projects. 247Solar was founded in 2015 by Bruce N. Anderson and David Gordon Wilson.
247Solar has raised $25.0M across 1 funding round.
247Solar has raised $25.0M in total across 1 funding round.
247Solar has raised $25.0M in total across 1 funding round.
247Solar has raised $25.0M across 1 funding round. Most recently, it raised $25.0M Series B in December 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2025 | $25.0M Series B |