29/09, Startup Exhibition, Cluster „Green Future", ST88
Key Facts
Company Description
Alternō is an Asia-based climate tech startup pioneering the world’s first sand-based thermal battery for industrial and agricultural use. Delivering 300–600°C heat at low cost, it cuts fossil fuel use by up to 30% and is validated with pilots at PepsiCo, Mondelez and other global leaders.
Product/Service Description
Alternō develops sand-based batteries that store renewable energy as heat, replacing fossil fuels. Our Standard and Pro systems offer cost-effective, long-duration high-temp heat for industries.
Website
https://alterno.net/
Crunchbase
Country
Singapore
Founding Year
2023
Employees
11-20
Company Stage
Many Paying Customers
Business Model
B2B
Focus Industries
Active Markets
(5 most relevant ones)
Vietnam, Japan, Indonesia, Malaysia, Philippines
Look for at Bits & Pretzels
Funding & Investors
3 Lead Investors
Antler, UntroD, ADB
Capital Raised to Date
1 700 000 €
Last Funding Type
Series A
Last Funding Date
May 2025
Capital Need (€)
< 5M
Currently Fundraising
(at the time of Bits & Pretzels 2025)
Yes
Growth Outlook
Traction
8 pilots & comercial installed, $318K revenue 2024, $1.5M projected 2025
Monetization Model
Direct sales, Buy Now Pay Later, Rental, Heat-as-a-Service recurring revenue
3 Reference Customers
Pepsico, Mondelez, Arista Partner