Fundraising Fox

Shift Thermal

Tennessee, US · 10 employees on LinkedIn · 2 known investors

Shift Thermal develops thermal storage technology for data center cooling systems, enabling efficient power allocation between cooling and computing infrastructure.

Founders & leadership

LALevon Atoyan
Levon AtoyaninFounder
MI
Mitchell IshmaelinFounder

Investors · 2

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of EnergyPhase II2021$1.1M
National Science FoundationPhase II2021$999.4K
Department of EnergyPhase I2020$200K
National Science FoundationPhase I2019$224.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Shift Thermal do?
Shift Thermal develops thermal storage technology for data center cooling systems, enabling efficient power allocation between cooling and computing infrastructure.
Who founded Shift Thermal?
Shift Thermal was founded by Levon Atoyan, Mitchell Ishmael.
Who are Shift Thermal's investors?
Shift Thermal's investors include Clean Energy Venture, Market Square Ventures.
Where is Shift Thermal headquartered?
Shift Thermal is headquartered in Tennessee, US.