AI-powered decarbonization technology enabling creation of a $50B mkt category thru new way to transfer heat in high-emission industries
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Amsterdam
State: Noord-Holland
Zip:
Country: The Netherlands
ANGARA DeCarbonX is a NL-based technology scale-up with quickly growing sales. In sum, our AI-driven solution unlocks a new market of &g;$50 billion / year through digital transformation of an old b2b services segment. • We are rolling out globally — a very PRAGMATIC &a; HIGH IMPACT decarbonization technology that pays for itself. It is profitable for our customers. For a customer, the 1st sizable results are achieved within 12 months. Globally, the CO2 impact abatement potential exceeds 1Gt CO2 / year at scale. • The PROBLEM we solved: High emission industries run zillions of HEX. They run dirty WITH fouling, and hence — inefficiently. • The SOLUTION: Our fully digital AI-driven patented technology enables HEX to run cleanly AND efficiently all the time. • We raise $30M to (a) scale up with already engaged customers, (b) expand international presence: the US and SE Asia/Singapore, (c) enter new verticals like biofuels and geothermal. ANGARA works with clients in the US, Europe, and South-East Asia.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2020 | Series B | 9 | $6M |
FUND FOR SUSTAINABILITY AND ENERGY (F4SE) Ian Nolan Jacob Barend Kalkman Ludmila Khrapchenko MM Energy Novus Capital Group Peter Petrov Simon Vine Tencho Shivkov FUND FOR SUSTAINABILITY AND ENERGY (F4SE) Ian Nolan Jacob Barend Kalkman Ludmila Khrapchenko MM Energy Novus Capital Group Peter Petrov Simon Vine Tencho Shivkov |
4/2016 | Series A | 4 | $1.5M |
FPI Ventures Ilya Rodin Peter Petrov Val Krivenko FPI Ventures Ilya Rodin Peter Petrov Val Krivenko |
3/2019 | Series B | 4 | $1.9M |
Alexey Mikhailov David Yau Foxtail Investment Petr Trushin Alexey Mikhailov David Yau Foxtail Investment Petr Trushin |
11/2021 | Series C | - | 3/2020 | Series B | 3 | $760k |
Daria Arofikina George Gogolev Peter Truskott Daria Arofikina George Gogolev Peter Truskott |
10/2018 | Series A | 1 | $400k |
Andrey Laptev Andrey Laptev |
6/2015 | Venture Round | 1 | - |
FPI Ventures FPI Ventures |
11/2021 | Series C | - | 6/2015 | Venture Round | 1 | - |
FPI Ventures FPI Ventures |
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