VoLo Earth Ventures leads Series Seed financing for Disruptive Perovskite Company, BlueDot Photonics
BlueDot Photonics, a leader in new applications of perovskite materials, announced today it raised $1m in its Series Seed financing.
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SEATTLE, May 25, 2021 /PRNewswire/ BlueDot Photonics, a leader in perovskite materials, announced today it raised $1m in its Series Seed financing. The round was led by VoLo Earth Ventures, an early-stage VC investing in the new energy economy through innovative products and technologies. BlueDot Photonics brought over $1.5M in non-dilutive grants and projects to the table to help the company towards its goal of creating gigaton reductions in greenhouse gas emissions through faster deployment of solar power. BlueDot s quantum-cutting technology can lower the cost of solar power by up to 10% by improving energy yield in solar panels by up to 16%. Long-term, BlueDot is committed to pushing solar
ndustrial, a Raleigh, N.C.–based provider of software and services that optimize industrial facilities across all stages of discrete and process manufacturing supply chains, closed a $6m Series A funding.
The round was co-led by ENGIE New Ventures and Clean Energy Ventures, with participation from Orion Energy Systems, Lineage Logistics, and Clean Energy Venture Group. In conjunction with the funding, Vincent Pichon, ENGIE New Ventures, and Daniel Goldman, Clean Energy Ventures, will join ndustrial’s Board of Directors.
The company intends to use the funds to move the technology into broader market areas and use cases within the industrial segment.
Raleigh software firm aims to double headcount with $6M raise - Triangle Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
RALEIGH – Investors have poured $6 million into Raleigh-based ndustrial, an emerging startup that utilizes machine learning and other technology to help clients optimize operations and reduce energy costs.
“This funding will enable us to move our technology into broader market areas and use cases within the industrial segment,” said Jason Massey, the founder and CEO, ndustrial, in announcing the funding. “Expanding our footprint will allow more industrial businesses to derive insights from real-time, streaming data, and to apply algorithms to automate efficiencies in energy usage or production applications. This gives our customers a competitive advantage as well as the ability to drive innovation across their sites.”