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- Helix Earth Secures $5.6M Seed Funding for Clean Tech Breakthrough
Helix Earth Secures $5.6M Seed Funding for Clean Tech Breakthrough
Slice of Energy Team
November 18, 2024
Key Highlights:
Helix Earth Technologies raises $5.6 million in an oversubscribed seed round led by Veriten.
Funding will accelerate development of NASA-derived commercial air conditioning technology saving up to 50% energy.
Additional innovations include commercial humidity control and CO2 capture, advancing sustainability in built environments.
Investors hail from Silicon Valley, Boston, Houston, Europe, and other key innovation hubs.
Source: Business Wire
Notable Quotes:
“This investment will empower the Helix Earth team to accelerate the development and deployment of our first groundbreaking hardware technology designed to disrupt a significant portion of the commercial air conditioning market.”
“We couldn’t be more excited to partner with the Helix Earth team. We were so impressed with their unique combination of a technology with broad applicability across multiple industries...and a fantastic and well-rounded team.”
Our Take:
Helix Earth’s successful seed funding round marks a pivotal moment in clean tech innovation. By leveraging NASA-derived technology and targeting energy-intensive markets like commercial air conditioning, Helix Earth addresses critical sustainability challenges while providing practical, scalable solutions. Their approach is poised to set new benchmarks in efficiency, sustainability, and market disruption, cementing their status as a leader in the clean tech industry.