Tech Company Financing Transactions
Found Energy Funding Round
Found Energy secured a $12 million Seed financing round on 4/17/2024. Backers included Autodesk Foundation, Good Growth Capital and Kompas.
Transaction Overview
Company Name
Announced On
4/17/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to deliver pilot systems to early adopters within the year and further scale their technology for industrial production.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
50 Terminal St
Boston, MA 02129
USA
Boston, MA 02129
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Found Energy believes first and foremost in securing a sustainable and equitable future for our planet, and that climate change is among the greatest and most preventable threats to this future. At Found, we are doing our part to mitigate and adapt to climate change by providing an inexpensive, safe, and ethical alternative to fossil fuels. Through our novel energy carriers, we are bringing clean energy to the most difficult-to-decarbonize industries on Earth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Godart
Chief Scientific Officer
Ariel Jackson
VP - Bus. Development
Gadi Ruschin
VP - Engineering
Colin O'Shea
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We do our best to report on every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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