# Rodatherm Energy funding: rounds and investors

> Rodatherm Energy has raised $84M across 3 rounds since 2025. Investors include Toyota Ventures, TDK Ventures and MCJ. Every round with its source.

Source: https://millionrounds.com/company/rodatherm-energy (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Rodatherm Energy*

3 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Energy

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$84M** raised across 3 rounds since 2025, from 3 sources

**$38M** Series A **$38M** Round **$8.0M** Grant

- **Latest round:** Grant, $8.0M Jul 2026
- **Biggest round:** $38M Round · Dec 2025
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$38M** Series A

**$38M** Round

**$8.0M** Grant

- **First round:** Series A, $38M
- **Biggest round:** $38M
- **Usual gap between rounds:** 6 months

## The rounds

- **Jul 2026** Grant **$8.0M** *1 new* *2 returning* [Toyota Ventures](https://millionrounds.com/fund/toyota-ventures) [TDK Ventures](https://millionrounds.com/fund/tdk-ventures) [MCJ](https://millionrounds.com/fund/mcj) Source recorded
- **Dec 2025** Round **$38M** No investor was named in the report. Reported by Evok Innovations
- **Sept 2025** Series A **$38M** *2 new* [Toyota Ventures](https://millionrounds.com/fund/toyota-ventures) [TDK Ventures](https://millionrounds.com/fund/tdk-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2025 **Round** 2025 **Grant** 2026 [Toyota Ventures](https://millionrounds.com/fund/toyota-ventures) [TDK Ventures](https://millionrounds.com/fund/tdk-ventures) [MCJ](https://millionrounds.com/fund/mcj)

## Everyone who backed them

[Toyota Ventures](https://millionrounds.com/fund/toyota-ventures) VC firm **2** rounds

[TDK Ventures](https://millionrounds.com/fund/tdk-ventures) Corporate VC **2** rounds

[MCJ](https://millionrounds.com/fund/mcj) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=rodatherm-energy).

## Quick answers about Rodatherm Energy

### Who invested in Rodatherm Energy?

Rodatherm Energy's investors include Toyota Ventures, TDK Ventures and MCJ.

### How much has Rodatherm Energy raised?

Rodatherm Energy has raised $84M across 3 rounds since 2025.

### When did Rodatherm Energy last raise?

Rodatherm Energy's most recent round was a Grant of $8.0M in Jul 2026.

### What was Rodatherm Energy's biggest round?

Rodatherm Energy's largest round on record is $38M (Undisclosed round), in Dec 2025.

### Who backed Rodatherm Energy first?

Rodatherm Energy's first round on record, in Sept 2025, was backed by Toyota Ventures and TDK Ventures.

### What stage is Rodatherm Energy at?

Rodatherm Energy's latest named round is a Grant, in Jul 2026.

### Where is Rodatherm Energy based?

Rodatherm Energy is based in the United States.

## Companies like Rodatherm Energy

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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