Skip to content

LAVA, formerly Luminescent, develops thermodynamic technology for converting heat and electricity.

Introduce me to LAVA
LAVA website sharing image

Image source: company website sharing image

Founders & company facts

Sources reviewed:

Reported cumulative funding

$65,100,000 · Source

This index includes companies with publicly reported total funding up to US$150 million. This is a reported total, not valuation, the latest round size or confirmation of an open round. Funding reviewed: .

Documented founding team

Founded
2020Source
Reported Israeli location
Sdot YamSource
Team range in directory
11-50Source
Reported business model
B2BSource

Selected disclosed financing

Selected transactions, with dates, funding types and reported participants.

  1. Feb 2025$13.4MNon-equity funding
    Named participants

    EIC Accelerator

    Source
  2. Jul 2024$1.27MNon-equity funding
    Named participants

    Source

Company overview

Product & customers

LAVA, formerly Luminescent, develops thermodynamic technology for converting heat and electricity. Its portfolio includes heat engines, industrial heat pumps and thermal energy-storage concepts based on isothermal processes.

Commercial potential · editorial analysis

The commercial opportunity is recovering useful energy from industrial heat and improving process economics where thermal demand is continuous and energy-intensive. Investors should distinguish paid use and renewals from pilots, and examine how sales and delivery costs change as deployments expand.

What to validate

Diligence should focus on net efficiency at relevant temperatures, maintenance requirements, demonstration duration and the installed cost of a complete system. Evidence should come from representative customer deployments, with costs, limitations and failure cases reported alongside successful results.

Product source reviewed on . Company source