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KUNC Interviews Todd Bandhauer

“The boiler hasn’t been reinvented for 150 years, and so the problem that we’re addressing is we want to make it easy for all of our customers to make the switch. We really want to avoid disrupting the process industrial factories. They’re 24/7, 365 days a year; if you shut them down for a few hours, they lose money. They lose a lot of money. And so we want to make it as easy as possible.”

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From the Boiler Room – 2024 Recap

In February, we closed a $21 million Series A round — one of Colorado’s largest funding announcements of the first quarter of the year — co-led by visionary investors Engine Ventures and 2150. We also welcomed Constellation Technology Ventures, the investment arm of Constellation Energy, as an investor and strategic partner. This investment has helped accelerate our mission to decarbonize industrial steam production by ramping up our new manufacturing facility in Loveland and expanding our expert team.

We were also awarded a $3.2 million grant from the U.S. Department of Energy’s Industrial Efficiency and Decarbonization Office (IEDO) to support continued product development and a deployment project with a global chemicals company.

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