'Superhot' green energy storage technology backed by Microsoft and Aramco

California-based Rondo Energy announced that it has raised $60m in a new financing planned to speed the rollout of its Rondo Heat Batteries worldwide.

Rondo has attracted heavyweight investors including Microsoft's Climate Innovation Fund, Aramco Ventures and Anglo-Australian multinational mining group Rio Tinto – the latter two of which have also joined its advisory board. American venture capitalist John Doerr has also backed the company.

Continue reading this article by Cosmo Sanderson here by Recharge News.