Manufacturer of carbon fiber heat tape for snow and ice melting
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Anchorage
State: Alaska
Zip:
Country: United States
ABOUT US Arctic Heat Technologies (AHT) is a corporation established by local Alaskan Investors and the University of Alaska Anchorage (UAA). AHT uses carbon fiber tapes (“Tundra Tape”) to heat outdoor surfaces (walkways, driveways, parking lots, roadways, etc.) to keep them free of snow and ice. It has been successfully tested during the record snowfall winter of 2011/12 and currently installed and operating at two locations on the UAA campus. The company began in 2013 as CFT Solutions, LLC based on a patent awarded to Dr. Joey Yang, Professor of Engineering, and Associate Dean, at UAA. Dr. Yang now sits on the board of directors of AHT and acts as a technical advisor. In June of 2017, Arctic Heat Technologies, Inc was founded with the backing of Alaskan investors and UAA. A primary goal of AHT is to create local jobs and contribute to the economic development and diversification of the state of Alaska.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2017 | Seed Round | 2 | $75k |
Alyeska Venture Management Hezekiah Ky Holland Alyeska Venture Management Hezekiah Ky Holland |
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