Tech Company Financing Transactions
Alterno Funding Round
Alterno closed a Series A investment round on 5/13/2025. Investors included ADB Ventures.
Transaction Overview
Company Name
Announced On
5/13/2025
Transaction Type
Venture Equity
Amount
Unknown
Round
Series A
Investors
Proceeds Purpose
With the support of its latest funding, Alterno is expanding its portfolio to serve both factory and community-scale energy needs: Alterno One -- A compact thermal battery that delivers clean heat to off-grid homes and remote communities. Successfully piloted in Lâm Ð?ng, Vietnam, the system is now preparing for initial deployment in Mongolia, where it will help combat extreme winter air pollution and improve energy access. Alterno Hybrid -- The world's first modular thermal battery integrating electric and biomass heating. Designed for 24/7 heat supply in rural agro-processing, it enables farmers to repurpose organic waste into energy. This solution is poised to revolutionize agricultural drying practices across Vietnam.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
60 Paya Lebar Road, Paya Lebar Square 10 � 03
Singapore, 409051
Singapore
Singapore, 409051
Singapore
Phone
Undisclosed
Website
Email Address
Overview
At Alterno, we're redefining energy solutions with our pioneering thermal battery technology. Our mission: to deliver sustainable, efficient energy storage and heating solutions that pave the way for a zero-emission future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hai Ho
Chief Technical Officer
Nam Nguyen
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