Our 200+ startups never fail to impress us with their hard work and commitment to scaling their climatetech solutions! Check out their latest accomplishments below.
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Funding
- Cala Systems, previously known as Altus Thermal, closed a $5.6M seed round to power the development of its advanced heat pump. The round was led by Greentown partners Clean Energy Venture Group and the Massachusetts Clean Energy Center.
- Adept Materials, a startup developing self-regulating internal-humidity technology, raised a $4M seed round.
- florrent raised a $3.6M seed round to expand its activated-carbon-production facilities in western Massachusetts to create the next generation of high-energy-density supercapacitors.
- Thiozen received a $3.2M grant from Emissions Reduction Alberta to install a scaled commercial hydrogen demonstration unit.
- Type One Energy, a Greentown alum and sustainable-fusion-power startup, closed its seed round at $82.4M—bringing in $53.5M to top off the $29M it raised last year.
- Greentown Go alum InventWood raised an $8M round to transform wood into high-performance, climate-resilient superwood building products.
- Carbon to Value Initiative Year 1 participant CarbonQuest announced the initial closing of its Series A funding from Riverbend Energy Group.
Partnerships + Deployments
- Form Energy was chosen by the U.S. Department of Energy to deploy an 85 MW/8500 MWh multi-day battery system in Maine, which is the “largest energy storage project by energy capacity announced yet in the world.”
- Glimpse announced a partnership with Lucid Motors to use Glimpse’s battery-quality-monitoring solution to ensure the quality and performance of the EV company’s battery cells.
- Boxes is deploying its innovative retail devices at the University of Arkansas, in partnership with SC Johnson.
Awards + Recognition
- Greentown members and alumni Moment Energy, PolyJoule, Salient, and Syzygy Plasmonics were chosen for Amazon Web Services’ Clean Energy Accelerator 4.0 cohort, and Dsider and SeaDeep were selected for Amazon Web Services’ Generative AI Energy Lab. Greentown is proud to have Amazon’s Climate Pledge Fund as a Terawatt Partner!
- ACCEL Year 2 participant Cellsense has been accepted into the Redesign Everything Accelerator by What Design Can Do, IKEA Foundation, and SECRID.