LAVA
Formerly Luminescent, Luminescent Solar Power
Isothermal Engine Technology for Efficient Electricity Generation
Startup Seed Energy Tech Est. 2020
Total Raised
$35.1M
Seed
Last Round
$13.4M
6 rounds
Investors
4
4 public
Team
4
11-50 employees
Confidence
98/100
News
7
articles
Patents
1
About
LAVA develops advanced thermodynamic technologies to improve the efficiency and economics of heat-to-electricity and electricity-to-heat conversion. Its solutions include an isothermal heat engine for zero-emission electricity generation, a high-efficiency isothermal heat pump for industrial heating and cooling, and the Carnot Battery for long-duration energy storage. These innovations aim to provide cost-effective, high-performance solutions for energy and industrial applications.
Classification
Sector
Climate TechClean Industry Tech Eco-Efficient ManufacturingEnergy TransitionEco-Efficient Energy StorageClean Energy GenerationEnergy TechEnergy Production & SourcesEnergy Management & Grid Integration
Target Customer
Industrial ManufacturingProcess IndustriesCementMetal FabricationHybrid IndustriesMetalsMiningManufacturing FacilitiesEnterprise & Professional ServicesITData CentersEnergy, Utilities & Waste ManagementRenewable Energy SystemsSolar
Business Model
B2B
Tags
energy-storageclimate-techheat-enginerenewable-energyelectric-utilitiesenergytechmanufacturing-facilitiesgas-utilities
Funding & Events
May 2023
Seed $12.5M
Grove Ventures (Lead), Ormat New Ventures, Techint
May 2022
Seed $5.5M
Grove Ventures
Jul 2024
Non-equity $1.27M
Jul 2019
Non-equity $428.57K
Feb 2025
Non-equity $13.4M
EIC Accelerator
Feb 2021
Pre-Seed $2M
Extantia Capital (Lead)
News (7)
Mar 14, 2024 · www.ngif.ca
growth-positive
NGIF accelerator supports the development of the world’s first isothermal heat engine, turning waste heat into zero-emission electricity.
InvestmentPartners
May 20, 2023 · www.linkedin.com
growth-positive
Why we invested in Luminescent
InvestmentPartners
Mar 16, 2023 · sustainablebrands.com
growth-positive
First Liquid-Heat Engine Can Upcycle 70% of the World's Waste Heat Into Clean Energy
InvestmentPartners
Feb 19, 2023 · www.israel21c.org
growth-positive
Capturing waste heat to turn it back into energy - ISRAEL21c
InvestmentExpand
Jan 11, 2023 · nocamels.com
growth-positive
Turning Industrial "Waste" Heat Into Clean Electricity
CustomersExpand
Dec 15, 2022 · www.finsmes.com
growth-positive
Israeli startup Luminescent raises $7M from Grove Ventures, Extantia
Investment
Dec 15, 2022 · www.calcalistech.com
growth-positive
Israeli startup Luminescent raises $7 million for zero emission heat engine | CTech
Investment
Details
Product Stage
Alpha
Employees
11-50
Exact Count
39
Founded
2020
Registrar
515849321
Locations
Sdot Yam, Israel
Links
Website
LinkedIn
Admin
Last Update
Mar 18, 2025
Verified by
Maor Perlov
Claimed
Yes
Missing
markets
Team (4)
Doron Tamir
Co-founder & CEO
Founder
Prof. Carmel Rotschild
Co-founder & CTO
Founder
Erez Klein
VP Engineering
Dana Hileli
Internal
Created by
Maor Perlov (maorperlov@gmail.com)
Created
2020-06-15T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)