# Albotherm

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/albotherm

- Industry: Materials
- Headquarters: Bristol, UK
- Website: www.albotherm.com
- Total disclosed funding: $1.4M
- Latest round: Seed (May 24, 2023)
- Investors on record: 6

## About

Based in the UK, and founded in 2020, Albotherm Ltd operates as a clean technology firm that provides glass coatings to reduce carbon emissions. The company was founded by its CEO, Molly Allington, and CTO, Sian Fussell. In June 2023, Albotherm Ltd raised GBP 1.1 million in seed funding led by Green Angel Syndicate, Oxford Innovation Finance, Bristol Private Equity Club, and Science Angel Syndicate. The round was part of a larger GBP 1.6 million seed and grant round.

Albotherm provides a smart coating technology that develops glass coatings to reduce carbon emissions in the building and greenhouse gas sectors. The firm uses polymer chemistry to offer low-carbon cooling coatings for buildings. The company’s temperature-responsive materials enable commercial buildings to regulate their internal temperature within a range of 18 °C to 45 °C.

The company plans to use the funds raised in June 2023 to develop its technology, expand its production capabilities, and finish up large-scale commercial pilots.

## Funding rounds

- Seed, May 24, 2023, $1.4M — Cambridge Angels Group, Cambridge Agritech Ltd, Green Angel Syndicate, Bristol Private Equity Club, Science Angel Syndicate, Oxford Innovation Finance

## Investors

- Cambridge Angels Group — Seed
- Cambridge Agritech Ltd — Seed
- Green Angel Syndicate (https://capitalatlas.ai/funds/green-angel-syndicate) — Seed
- Bristol Private Equity Club (https://capitalatlas.ai/funds/bristol-private-equity-club) — Seed
- Science Angel Syndicate (https://capitalatlas.ai/funds/science-angel-syndicate) — Seed
- Oxford Innovation Finance — Seed