MGA Thermal key facts
as of Oct 2026- Developer of thermal storage systems and equipment designed to store renewable energy.
- MGA Thermal is valued at approximately $18.1M as of Oct 2026 (last reported valuation).
- It has raised $32.9M; the latest was Later Stage VC ($12.0M) in Mar 2026.
- Notable investors include Energy Laboratory, Main Sequence Ventures, CSIRO ON Accelerate, The Melt Accelerator, Albert Impact Ventures — 26 tracked in total.
- Status: Privately Held (backing).
MGA Thermal's last reported valuation, Aug 2021. Nothing priced has surfaced since.
- ·The complete investor list: 26 names
- ·Watch MGA Thermal: the Monday email on marks, rounds and moves
MGA Thermal funding rounds
No funding rounds for MGA Thermal are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs MGA Thermal
26+MGA Thermal valuation
MGA Thermal's last reported valuation was $18.1 million in Aug 2021. No priced round, secondary trade or fund mark has surfaced since.
MGA Thermal investors
26 investors are on record for MGA Thermal, including Energy Laboratory, Main Sequence Ventures, CSIRO ON Accelerate and The Melt Accelerator.
About MGA Thermal
Developer of thermal storage systems and equipment designed to store renewable energy. The company offers thermal storage materials capable of storing energy as heat in a safe way, enabling businesses to shift to renewable sources by providing a new way to store clean, economical, and scalable energy.
- Sector
- Energy
- HQ
- Tomago, Australia
- Founded
- 2019
- Employees
- 38
- Website
- mgathermal.com/
- Ownership
- Privately Held (backing)
Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.