Fundraising Fox

Tempo

4 known investors

tempoenergy.com ↗

Tempo Energy develops thermochemical energy storage systems that charge using low-cost electricity and discharge superheated air for industrial heat applications, from steam generation up to 1200°C processes. The system is designed for industrial manufacturers to add incrementally without facility overhauls.

CleantechClimate TechEnergy

Founders & leadership

MEMoawia Eldeeb
Moawia EldeebinFounder

Investors · 4

Prelude VenturesSan Francisco · $100K – $5M
GreenoaksreportedSan Francisco · $1M – $50M
Stripereported · 2 sources
Thrive CapitalreportedNew York · $500K – $25M

Funding

SEC filings, press & company announcements

$500M disclosed across 1 of 2 rounds · 2025

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

In the news

Stripe-backed startup Tempo releases the Machine Payments Protocolfortune.com · Mar 2026Tempo Labs Raises $5 Million Seed Roundthesaasnews.com · Oct 2025Stripe-backed blockchain startup Tempo raises $500 million in funding - Fortune By Investing.cominvesting.com · Oct 2025Stripe-backed Tempo blockchain raises $500 million Series A at a $5 billion valuation: report | The Blocktheblock.co · Oct 2025Exclusive: Stripe-backed blockchain startup Tempo raises $500 million round led by Joshua Kushner’s Thrive Capital and Greenoaks | Fortunefortune.com · Oct 2025

Frequently asked questions

What does Tempo do?
Tempo Energy develops thermochemical energy storage systems that charge using low-cost electricity and discharge superheated air for industrial heat applications, from steam generation up to 1200°C processes. The system is designed for industrial manufacturers to add incrementally without facility overhauls.
Who founded Tempo?
Tempo was founded by Moawia Eldeeb.
Who are Tempo's investors?
Tempo's investors include Prelude Ventures, Greenoaks, Stripe, Thrive Capital.
How much funding has Tempo raised?
Tempo has disclosed $500M raised across 1 of its 2 known rounds.