South Dakota

Antora Energy raises a $550M Series C led by G2 Venture Partners and Eclipse, bringing total funding to $770M since 2017, to accelerate large-scale thermal-battery deployments for data-centers amid surging AI-driven energy demand, including a 5 GWh project in South Dakota.

Antora Energy raises $550M in Series C to scale its 5 GWh thermal battery tech for data centers and industry, funding a second U.S. manufacturing hub and large-scale deployments, with a utility tariff pilot that underpins monetization.

DOE guidance bars using federal rebates to switch from fossil fuels to electricity for heating, redefining HOMES/HEEHR eligibility and imposing new preconditions, with $8.8B total funding and multi-state implementation implications.