{"id":23245,"date":"2025-05-13T16:44:20","date_gmt":"2025-05-13T09:44:20","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=23245"},"modified":"2025-05-13T16:44:20","modified_gmt":"2025-05-13T09:44:20","slug":"alterno-raises-series-a-funding-to-scale-sustainable-heat-technology-for-a-zero-emission-future","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=23245","title":{"rendered":"Altern\u014d Raises Series A Funding to Scale Sustainable Heat Technology for a Zero-Emission Future"},"content":{"rendered":"\n\n\n
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HO CHI MINH CITY, Vietnam<\/span><\/span>, May 13, 2025<\/span><\/span> \/PRNewswire\/ — Altern\u014d, a climate-tech startup founded in 2023, has closed its Series A funding round<\/b> to accelerate the deployment of its sustainable heat technology and support its mission to eliminate 100 million tons of CO\u2082 emissions annually by 2030<\/b>. By building the next generation of clean energy infrastructure\u2014delivering heat, electricity<\/b>, and AI-powered energy management<\/b>\u2014Altern\u014d aims to redefine how the world powers its factories, farms, and communities.<\/p>\n

The round was led by UntroD Capital Asia<\/b>, with participation from ADB Ventures<\/b>, the venture arm of the Asian Development Bank<\/b>\u2014a testament to growing investor confidence in scalable climate solutions for hard-to-abate sectors. The company’s growth to date has been supported by early institutional backing from Antler, which played a pivotal role in Altern\u014d’s initial development.<\/p>\n

Pioneering Clean Heat Through Thermal Energy Storage<\/b><\/p>\n

Altern\u014d’s patented thermal energy storage system\u2014known as a sand battery\u2014utilizes locally available, low-cost materials like sand to store heat at temperatures up to 600\u00b0C, with minimal thermal loss and zero emissions during operation. While sand has a moderate heat capacity (~300 kcal\/m\u00b3\u2022\u00b0C), its exceptional thermal stability and ultra-low cost make it one of the most practical and scalable materials for high-temperature heat storage. As illustrated in comparative studies of sensible heat storage materials, sand offers an ideal balance between performance and affordability, outperforming more expensive options like copper, aluminum, or steel when it comes to cost-effectiveness per unit of stored energy. This positions Altern\u014d’s solution as a high-efficiency, low-cost pathway to industrial decarbonization, particularly in emerging markets where clean heat alternatives remain scarce or economically unfeasible.<\/p>\n

Altern\u014d’s technology has already proven effective in industrial drying and agro-processing<\/b> applications in Vietnam<\/span>, where it has reduced fossil fuel dependency, lowered energy costs, and improved both output consistency and product quality. Clients include leading domestic and international companies such as PepsiCo<\/b>, Mondelez<\/b>, and a network of cooperatives and manufacturers across Vietnam<\/span>.<\/p>\n

Hai Ho<\/span><\/i><\/b>, Co-Founder & CEO, stated:<\/i><\/p>\n

“This funding marks a pivotal milestone for Altern\u014d. With the support of ADB Ventures and UntroD, we’re accelerating our efforts to bring large-scale, cost-effective decarbonization to industrial sectors. This isn’t just another battery\u2014it’s a revolution in how we generate and use industrial heat, starting from something as simple as sand.”<\/i><\/p>\n

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\"Altern\u014d<\/a>
Altern\u014d Hybrid system deployed for coffee drying in Buon Ma Thuot, Vietnam<\/span><\/p>\n<\/div>\n

Next-Generation Product Lineup<\/b><\/p>\n

With the support of its latest funding,\u00a0Altern\u014d is expanding its portfolio to serve both factory and community-scale energy needs:<\/p>\n