Alphabet Energy Secures $12,000,000 Series A Financing

  • Feed Type
  • Date
    9/15/2011
  • Company Name
    Alphabet Energy
  • Mailing Address
    239 8th St. Suite 12 San Francisco, CA 94103
  • Company Description
    Alphabet Energy, Inc. is commercializing a breakthrough, inexpensive waste heat recovery technology developed at the Lawrence Berkeley National Laboratory in Berkeley, California. With it, we will be able to tap into the US$1 trillion world market for the conversion of waste heat into electricity, with the potential to offset as much as 500 million metric tonnes of carbon per year.
  • Website
    http://www.alphabetenergy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The funding from three prominent cleantech investors enables Alphabet Energy to accelerate product development, deploy initial pilot projects, grow the team, and relocate to a new facility in the San Francisco Bay Area.
  • M&A Terms
  • Venture Investor
    TPG Biotech
  • Venture Investor
    Claremont Creek Ventures
  • Venture Investor
    CalCEF Clean Energy Angel Fund