Brenmiller Energy

Thermal Energy Storage

Energy Tech
Public on NASDAQ on May 2022
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Company Overview

Snapshot

Founded in January 2012 by Avi Brenmiller, Brenmiller Energy operates with 11–50 employees. The company has raised a total of $139.52 million across 21 funding rounds. In May 2022, Brenmiller Energy went public on NASDAQ.

Business overview

Brenmiller Energy specializes in thermal energy storage (TES) solutions aimed at decarbonizing industrial heat, a significant contributor to global energy consumption. Its core product, bGen, is a solid-state thermal battery that uses crushed rocks to store heat up to 750°C. This system can be charged by renewable electricity, off-peak grid power, or industrial waste heat, and then discharges energy as clean steam, hot water, or hot air for industrial processes or steam turbines. The modular and scalable bGen system integrates a heat exchanger, storage medium, and steam generator, enabling industrial and utility clients to transition to carbon-free heat production at cost parity with natural gas. Through a "Heat-as-a-Service" model and the BNRG360 platform, Brenmiller serves markets by bridging intermittent renewable energy supply with continuous industrial demand, operating within the Energy Tech sector.

Strategic signal

Brenmiller Energy is actively expanding its market reach and product deployment, as evidenced by its system purchase agreement with Baran Energy in September 2025 for bGen ZERO Systems at Tempo Beverages and Wolfson Medical Center. This move signals a strong commercial trajectory and validation of its thermal energy storage technology in real-world industrial applications, indicating potential for significant revenue generation starting in 2026 and reinforcing investor confidence in its growth strategy.

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Company Intelligence Q&A

What was a significant recent financial development for Brenmiller Energy?
In September 2024, Brenmiller Energy further fortified its balance sheet by raising $2 million from an At-The-Market equity offering at $2.19 per share.
What is Brenmiller Energy's strategy for European market expansion?
In September 2024, Brenmiller Energy established a joint venture in Europe to scale the adoption of its bGen™ technology, aiming to expand its presence and impact across the European market.
What recent partnership did Brenmiller Energy secure for its bGen ZERO systems?
In September 2025, Brenmiller Energy signed a system purchase agreement with Baran Energy for bGen ZERO systems to be deployed at Tempo Beverages and Wolfson Medical Center.
When did Brenmiller Energy debut on NASDAQ?
Brenmiller Energy went public on NASDAQ in May 2022, marking a significant milestone in its corporate history.
What recognition did Brenmiller Energy's bGen™ technology receive in October 2023?
In October 2023, Brenmiller Energy’s bGen™ was named among TIME’s 2023 List of Best Inventions, highlighting its innovative approach to thermal energy storage.
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