Last updated 2026-07-20
- Raised $13.4M grant, Jan 2025
- Raised $12.5M Series A led by Grove Ventures, Apr 2023
- Raised $5.5M Seed round led by Grove Ventures, Apr 2022
Total raised
$35.1M
Last: Undisclosed Round 2025-07
Stage
Seed
Founded
2020
Headcount
48
HQ
Sdot Yam, Israel
Sector
Energy Tech
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.
Funding history · 7 rounds · $35.1M total
2025-06
B Round
Undisclosed
★ Ineffable Ventures★ Emissions Reduction Alberta
2025-01
Grant
$13.4M
2024-06
Grant
$1.3M
2023-04
A Round
$12.5M
★ Grove VenturesTechintOrmat New Ventures
2022-04
Seed
$5.5M
★ Grove Ventures
2021-01
Pre-Seed
$2.0M
★ Extantia Capital
2019-06
Grant
$429K
Headcount over time
From 1 (2020-06) to 46 (2026-03) · +45 (+4500%) · 21 points · source: Finder history + radar grounding
Q&A
- What is LAVA's primary focus?
- LAVA develops advanced thermodynamic technologies to improve the efficiency and economics of heat-to-electricity and electricity-to-heat conversion, with solutions including an isothermal heat engine, a high-efficiency isothermal heat pump, and the Carnot Battery for energy storage.
- When was LAVA founded?
- LAVA was founded in March 2020.
- What is the total amount of funding LAVA has raised to date?
- LAVA has raised a total of $65,098,840 USD.
- Which investors participated in LAVA's Seed round in May 2023?
- Grove Ventures and Ormat New Ventures participated in LAVA's Seed round in May 2023.
- Did LAVA receive any grants recently?
- Yes, LAVA received a grant of $13,400,000 USD in February 2025, with EIC Accelerator as an investor.
- Who are the co-founders of LAVA?
- The co-founders of LAVA are Doron Tamir (Co-founder & CEO) and Prof. Carmel Rotschild (Co-founder & CTO).
- What are LAVA's key product offerings?
- LAVA's key product offerings include the LAVA Heat Engine, LAVA Heat Pump, and LAVA Carnot Battery.
Team · 3
Doron Tamir
Founder · Co-founder & CEO
Prof. Carmel Rotschild
Founder · Co-founder & CTO
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Climate TechClean Industry Tech Eco-Efficient ManufacturingEnergy TransitionEco-Efficient Energy StorageClean Energy GenerationEnergy TechEnergy Production & SourcesEnergy Management & Grid Integration
Target customers
Industrial ManufacturingProcess IndustriesCementMetal FabricationHybrid IndustriesMetalsMiningManufacturing FacilitiesEnterprise & Professional ServicesITData CentersEnergy, Utilities & Waste ManagementRenewable Energy SystemsSolar
Business model
B2B
Highlights
Climate Tech1 PatentsVerified
Tags
clean-manufacturingenergy-storageclimate-techheat-enginerenewable-energyelectric-utilitiesenergytechmanufacturing-facilitiesgas-utilities
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | lavapower.com |
|---|---|
| linkedin.com/company/64696961 |
Identifiers & details
| Legal name | LAVA ENERGY LTD |
|---|---|
| Former names | Luminescent, Luminescent Solar Power |
| Founded | 2020-3 |
| Employees (exact) | 48 |
Radar intelligence
Open jobs — breezy
| Total open | 3 |
|---|---|
| Remote | 0 |
| By department | Engineering (2), Sales (1) |
| By location | New York City, NY (3) |
| Title | Location | Department |
|---|---|---|
| Founding Engineer | New York City, NY | Engineering |
| Software Engineer | New York City, NY | Engineering |
| GTM Lead (NYC) | New York City, NY | Sales |
Patents
| EPO | 522 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
Web history (Wayback)
| Domain | lavapower.com |
|---|
Certificate / subdomain footprint
| Subdomains | 3 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515849321 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2018-05-22 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 1 — people (1) |
| Registered address | נופשונית 1 שדות ים |
Recent registry events
| Date | Event |
|---|---|
| 2026-02-19 | עדכון בעלי תפקידים |