-12%

est. 2Y upside i

Climate TechSeries A

Rank

#2592

Sector

Energy Storage

Est. Liquidity

~4Y

Data Quality

Data: Low

Equity upside is highly uncertain given lack of revenue and valuation data.

Last updated: July 19, 2026

Bull (30%)+76%

If Redoxblox captures a large share of industrial electrification (e.g., Dow contract scaling) and an IPO window opens, revenue reaches ~$27M by 2028 with exit multiples expanding to 3x, yielding ~96% pre-dilution upside; after 20% dilution, ~76%.

Base (45%)-22%

Moderate execution yields ~$27M revenue, exit multiple at 1.5x (in line with public comps), pre-dilution near break-even; after 20% dilution, ~-22%.

Bear (25%)-100%

If technology adoption stalls or competitors (Antora, Rondo) gain traction, revenue falls short, exit multiple compresses to 1x, implied exit value of ~$27M is below $40.7M preference, wiping out common stock entirely.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

100%

Total funding of $40.7M equals assumed entry valuation; preferred stock has full liquidation preference, common stock only recovers value above $40.7M.

Dilution Risk

high

With only $40.7M raised and high burn rate, another funding round likely within 2 years, diluting existing shareholders by ~20%.

Secondary Liquidity

none

No secondary market observed; liquidity only via future IPO or acquisition.

Questions to Ask at the Interview

Strategic questions based on Redoxblox's data — designed to show you've done your homework.

  • 1

    “How does Redoxblox's thermochemical storage compare on cost and efficiency versus Antora and Rondo?”

  • 2

    “What are the key milestones for revenue growth given the hardware sales model and capital intensity?”

  • 3

    “Given the uncertainty in valuation and liquidity timeline, what is the company's plan for providing equity liquidity to employees?”

Community

Valuation Sentiment

Our model estimates -12% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.