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New York Power Authority and NYC Housing Authority award $32 million contract to Copper for Induction Stove Challenge

Oct 25, 2024

Contract Type

contract

BerkeleyManufacturingFinancial ServicesSoftware

Description

Copper, a Berkeley, California-based startup, has won the Induction Stove Challenge by the New York Power Authority and NYC Housing Authority and has been awarded a $32 million, seven-year contract to design, prototype, test, and install induction stoves in apartments throughout New York City public housing. The goal of the initiative is to improve the lives of residents by helping them avoid toxic fumes of cooking with gas and to spur a larger market transformation that lowers the barriers to induction stoves for everyone.

Company Information

Company

Copper

Location

Berkeley, California, United States

About

Copper designs and builds appliances that improve electrification. Its first product is a battery-equipped induction stove that plugs into a regular 120V outlet, enabling cooks to upgrade from gas to induction without costly, complex electrical upgrades.

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Weldon
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.