Found Energy raise $12M Seed Round led by Glenfield Partners to extract energy from aluminium waste
Amount Raised
$12 Million
Round Type
Seed
BostonEnergyOil And GasRenewable EnergyBiomass EnergyInvestors
Description
Cleantech Found Energy have raised a $12M Seed Round led by Glenfield Partners. The round included investments from across Europe, the US, and Asia, with participation from KOMPAS VC, Munich Re Ventures, Good Growth Capital, the Autodesk Foundation, J-Impact, GiTV, and Massachusetts Clean Energy Center (MassCEC).
Quick answer
Found Energy raised $12 Million in a Seed round, dated April 18, 2024. Investors: Massachusetts Clean Energy Center, Gi Tv, J Impact, Autodesk Foundation, Good Growth Capital, Munich Re Ventures, Kompas VC and Glenfield Partners. Found Energy is based in Boston, Massachusetts, United States.
- How much did Found Energy raise?
- Found Energy raised $12 Million in a Seed round on April 18, 2024.
- Who invested in Found Energy?
- Massachusetts Clean Energy Center, Gi Tv, J Impact, Autodesk Foundation, Good Growth Capital, Munich Re Ventures, Kompas VC and Glenfield Partners are named as investors in this round.
- What does Found Energy do?
- Found Energy is building rechargeable aluminum fuel power systems aimed at eliminating carbon emissions from heavy industrial applications ranging from industrial heating (7% of global CO2 emissions) to maritime..
- Where is Found Energy based and how big is it?
- Found Energy is based in Boston, Massachusetts, United States. Fundz records about 33 employees.
- Who are the decision-makers at Found Energy?
- Fundz holds 2 contacts at Found Energy, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as Found Energy that raised within 45 days of this round, from Fundz verified event records.
- ReNew Sun Bright Private Limited raised $3.2M (Seed) on April 11, 2024.
- Reformed Energy raised an undisclosed amount (Seed) on March 12, 2024.
- Gesa Credit Union raised $20M on May 29, 2024.
- Aeromine Technologies raised $9M (Series A) on May 20, 2024.
- Companion.energy raised $2.3M (Seed) on May 17, 2024.
- Matel raised $4M (Seed) on May 16, 2024.
Who to call at Found Energy, and when
A new round usually means Found Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Found Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Found Energy, from your own LinkedIn network
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Related People
Found Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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