1414 Degrees ltd. (“14D") announced that Woodside Energy Technologies Pty Ltd (“Woodside”) has increased its funding of 14D’s SiBox Demonstration Module (“SDM”) by A$750k, taking total contributions up to A$2.75m. As detailed in our Initiation note, 14D is an industrial technology company aiming to deliver decarbonised high-temperature heat energy which can displace the burning of fossil fuels across multiple applications. The Company has developed a silicon-based thermal energy storage technolo ....

22 Nov 2023
1414 Degrees: Increased funding from Woodside provides positive endorsement to 1414 Degrees

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1414 Degrees: Increased funding from Woodside provides positive endorsement to 1414 Degrees
1414 Degrees ltd. (“14D") announced that Woodside Energy Technologies Pty Ltd (“Woodside”) has increased its funding of 14D’s SiBox Demonstration Module (“SDM”) by A$750k, taking total contributions up to A$2.75m. As detailed in our Initiation note, 14D is an industrial technology company aiming to deliver decarbonised high-temperature heat energy which can displace the burning of fossil fuels across multiple applications. The Company has developed a silicon-based thermal energy storage technolo ....