Amount Raised
$8 Million
Round Type
Series A
New YorkManufacturingEnergyRenewable EnergySolarInvestors
Description
Today, GlassPoint, the leader in decarbonizing industrial process heat, closed an $8M series A investment led by 300PPM and joined by former Australian prime minister Malcolm Turnbull, former Alcoa COO Tomas Sigurdsson and several additional industrial leaders. GlassPoint will use the investment to expand operations to help industrial companies decarbonize and meet looming net-zero commitments with the only solution proven to decarbonize industrial process heat at scale.
Quick answer
GlassPoint raised $8 Million in a Series A round, dated July 31, 2023. Investors: Glass Point, Former Alcoa Coo Tomas Sigurdsson, Former Australian Prime Minister Malcolm Turnbull and 300 Ppm. GlassPoint is based in New York, New York, United States.
- How much did GlassPoint raise?
- GlassPoint raised $8 Million in a Series A round on July 31, 2023.
- Who invested in GlassPoint?
- Glass Point, Former Alcoa Coo Tomas Sigurdsson, Former Australian Prime Minister Malcolm Turnbull and 300 Ppm are named as investors in this round.
- What does GlassPoint do?
- GlassPoint is the leader in solar industrial process heat, with its technology powering 60% of the world's solar industrial steam capacity.
- Where is GlassPoint based and how big is it?
- GlassPoint is based in New York, New York, United States.
- Who are the decision-makers at GlassPoint?
- Fundz holds 1 contact at GlassPoint. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as GlassPoint that raised within 45 days of this round, from Fundz verified event records.
- Heliene raised $170M (Funding Round) on September 12, 2023.
- Avaada Group raised an undisclosed amount (Funding Round) on June 30, 2023.
- Ascent Solar Technologies raised $900K (Seed) on June 29, 2023.
- Aptera Motors raised $79K (Seed) on June 20, 2023.
- Greenbacker raised $75M (Funding Round) on August 17, 2023.
- Electra Battery Materials Corporation raised $6.1M on August 11, 2023.
Who to call at GlassPoint, and when
A new round usually means GlassPoint is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day GlassPoint raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at GlassPoint, from your own LinkedIn network
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Funding Insights
What this usually meansGlassPoint 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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