Tech Company Financing Transactions
Bedrock Energy Funding Round
Bedrock Energy, based in Austin, secured $8.5 million from Wireframe Ventures, Cantos Ventures and Climate Capital.
Transaction Overview
Company Name
Announced On
10/11/2023
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate manufacturing and deployment of technologies that improve the economics of all-electric geothermal HVAC systems, thus helping real estate properties achieve Net Zero operations.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
4901 E Cesar Chavez St,
Austin, TX 78702
USA
Austin, TX 78702
USA
Phone
Website
Email Address
Overview
Geothermal has long been the most energy efficient, environmentally friendly way to electrify your buildings. Now, Bedrock's novel technology is finally making geothermal borehole fields affordable, fast, and space-efficient to install, with predictable performance you can rely on. Our mission at Bedrock is to transform the heating & cooling of buildings, using geothermal energy to radically reduce costs for people and the environment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joselyn Lai
Chief Technical Officer
Silviu Livescu
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