Ore Energy Raises $43 Million to Unlock Renewable Baseload Power for the AI Era
As demand for electricity from AI, manufacturing, and the energy transition accelerates worldwide, Ore Energy has raised $43 million in Series A funding from Plural and HV to scale its iron-air battery technology. Ore's batteries, designed to store renewable electricity for up to 100 hours, can solve one of the biggest barriers to the energy transition: affordable, long-duration energy storage. The funding brings the company's total raised to...
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