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August 11, 2023

Kraftblock Ignites Global Decarbonization Drive with €20M Series B Boost

The meteoric rise of German climate innovator Kraftblock, fueled by a €20M Series B funding surge

A remarkable €20 million Series B funding round, fortified by industry giants like Shell Ventures, heralds an electrifying chapter that transcends sectors and kindles the flames of global decarbonization.

Masterminded by chemist Dr. Martin Schichtel and economist Dr. Susanne König. The alchemy they've conjured breathes life into sustainable thermal storage technology, sparking decarbonization across industries, from energy to food, steel, ceramics, and beyond.

This monumental infusion of funding fuels Kraftblock's march toward global prominence. CEO Schichtel's strategic choice of investors, deeply rooted in sectors like food, steel, and energy, ignites a constellation of collaboration that propels Kraftblock's ascendancy.

Kraftblock's partnerships extend their orbit beyond funding, birthing new vistas of opportunity. Hans Maenhout, Investment Director at Finindus, prophetically envisions Kraftblock as a harbinger of game-changing energy paradigms. As the magic of Kraftblock's solutions unfurls, it promises to rewrite the rules, ensuring cost-effective, net-zero heat energy availability, and sculpting a future where sustainability isn't just a buzzword, but a tangible, transformative force.

Josefina Dipaolo
Josefina Dipaolo
Content Writer at TechNews180
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