Fundraising Fox

JTEC Energy

Atlanta, US · Founded 2020 · Delaware corporation

JTEC Energy develops the Johnson Thermo-Electrochemical Converter (JTEC), a solid-state device that converts waste heat into electricity at high efficiency. Based in Atlanta, the company is commercializing this new power-generation technology for the energy industry.

Founders & leadership

JTEC Energy was founded in 2020 by Dr. Lonnie Johnson and Mike McQuary.

DL
Dr. Lonnie JohnsonCo-Founder & JTEC Inventor
MM
Mike McQuaryCo-Founder & CEO
DT
Dr. Ted CampbellDirector of R&D
DJ
David JohnsonCTO
RK
Ron KeetonCFO
DL
Devon LymanVP of Business Development
SN
Susan NicholsonCOO
MM
Michael McQuaryNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$32.2M disclosed across 2 rounds · 2020–2022

$30MraisedApr 2022 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael S. McQuaryExecutive Officer, Director
  • John RiceDirector
  • Kenneth W. BoedekerDirector
  • Lonnie G. JohnsonDirector
  • U. Bertram Ellis Jr.Director
  • Mack WilbournDirector
Offering amount
$35M
Amount sold
$30M
First sale
Apr 2022
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.2MraisedAug 2021 · 44 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael McQuaryExecutive Officer
Amount sold
$2.2M
Minimum investment
$25K
Proceeds to insiders
$100K
First sale
Oct 2020
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does JTEC Energy do?
JTEC Energy develops the Johnson Thermo-Electrochemical Converter (JTEC), a solid-state device that converts waste heat into electricity at high efficiency. Based in Atlanta, the company is commercializing this new power-generation technology for the energy industry.
Who founded JTEC Energy?
JTEC Energy was founded by Dr. Lonnie Johnson, Mike McQuary in 2020.
How much funding has JTEC Energy raised?
JTEC Energy has disclosed $32.2M raised across 2 rounds.
Where is JTEC Energy headquartered?
JTEC Energy is headquartered in Atlanta, US.