Shift Thermal Secures $1M to Advance Energy Efficiency Technology

KNOXVILLE, Tenn. – Shift Thermal, a startup developing next-generation thermal energy technology, has raised nearly $1 million in funding to bring its innovative system to industrial applications. The company’s progress marks a significant step toward more efficient industrial heating and cooling processes, with potential energy savings across multiple sectors.

A Leap Forward in Thermal Energy Efficiency

Shift Thermal’s proprietary system aims to dramatically reduce energy waste in industrial heating and cooling—a critical challenge as industries seek sustainable, cost-effective solutions. The company’s approach could transform thermal management in manufacturing, data centers, and HVAC systems.

Photo Cred Oak Ridge National Lab

From Research to Real-World Impact

As alumni of both Oak Ridge National Lab’s Innovation Crossroads program and our Spark Incubator, their journey exemplifies how deep tech startups succeed utilizing ecosystem resources.

Knoxville’s emergence as a top-20 U.S. cleantech hub has been fueled in part by startups like Shift Thermal, which leverage regional expertise in energy innovation.

What’s Next for Shift Thermal?

With fresh capital, the company is now engaging with industrial partners to deploy its technology at scale. Its success underscores the growing pipeline of energy-efficient solutions emerging from East Tennessee’s research and entrepreneurial ecosystem.

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