Qnergy, an Ogden, UT- and En-Harod Ihud, Israel-based energy technology company, secured an additional $20m for its Series A financing round.
The round was led by Tene Investment Funds, an Israeli PE fund, with participation from its existing investors.
The company intends to use the funds for continued growth.
A spin-off of Ricor Cryogenic and Vacuum Systems, Qnergy provides the Stirling closed-cycle external combustion engine, which can generate electrical power using virtually any heat source including gas, bio-gas, propane, wood, coal, natural waste and solar for for residential, commercial, and industrial installations.