From the Boiler Room
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.