First electric cars. Next, electric factories?

The box is generating lots of enthusiasm. Rondo recently raised $60m in financing from the venture-capital arms of such corporate titans as Microsoft, a software colossus, Aramco, the Saudi national oil company, and Rio Tinto. It counts various luminaries of tech investing among its backers. After a widely viewed ted talk and a recent lecture to the great and the good at the World Economic Forum in Davos, Switzerland, Mr O’Donnell chuckles, he is known as “the brick guy”.

Read more via The Economist here.

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The Future of Energy: Can Buildings Become Reservoirs of Power?