Rebound Technologies, the developer of the IcePoint thermal energy storage and cooling platform, has closed a strategic investment led by Taronga Group, with participation from INNOPOWER, Skyview Ventures, and True North Institute.
The financing underscores investor confidence in Rebound’s differentiated thermal storage platform and supports expanded deployment across critical infrastructure markets, including data centers, cold chain logistics, and gas turbine power generation, as well as specialized use cases in sports facilities and food manufacturing.
As global infrastructure contends with rising power density, grid constraints and mounting decarbonization pressures, scalable thermal flexibility is increasingly central to maintaining reliability and performance. Rebound Technologies has developed a proprietary high-performance thermal storage system that produces ice at scale to deliver on-demand cooling, freezing and dehumidification. The IcePoint platform is designed to combine operational performance with energy flexibility, helping reduce peak power consumption, lower cooling costs and increase facility capacity across commercial and infrastructure environments.
The company said proceeds from the investment will be used to expand manufacturing capacity, accelerate commercial deployments and advance ongoing product innovation.
Taronga Group, as lead investor, and strategic participant INNOPOWER bring experience in scaling infrastructure technologies globally, positioning Rebound for its next phase of growth and execution.
KEY QUOTES:
“Cooling is no longer just about maintaining temperature; it’s about unlocking infrastructure performance. With our IcePoint technology Rebound’s customers can increase operational capacity, firm peak demand, and transform cooling from a static load into a dynamic energy asset. This investment allows us to scale that capability at a critical moment for both digital and grid infrastructure.”
Eric Kish, CEO Of Rebound Technologies
“Globally, institutional investors are focused on energy resilience, supply chain transformation and AI-driven transition of traditional industries as defining macroeconomic themes. Rebound’s proprietary technology has been designed to serve critical applications in energy, logistics and digital infrastructure – three asset classes that sit at the center of these structural shifts. Taronga Group and our real asset partners are excited about the potential for Rebound’s solution to deliver measurable asset-level impact through enhanced flexibility, resilience and operational performance.”
Avi Naidu, Managing Director, Taronga Group
“We are proud to support Rebound Technologies at this important stage of growth. Rebound’s proprietary approach addresses a critical lever in the energy transition, improving performance across data centers, industrial, and supply chains. Their turbine inlet cooling solutions are highly strategic to our shareholders, especially the potential to increase power generation capacity at the lowest incremental cost. As a joint venture between three of Thailand’s leading energy utilities focused on the energy transition, INNOPOWER invests in scalable solutions that enhance infrastructure performance while accelerating decarbonization. We believe Rebound is well positioned to accelerate decarbonization across multiple sectors, and we look forward to working closely with the team to support their next phase of accelerated market expansion.”
Mr. Athip Tantivorawong, CEO Of INNOPOWER
