# Emrgy

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

- Industry: Power & Utilities
- Headquarters: Atlanta, US
- Website: www.emrgy.com
- Total disclosed funding: $26M
- Latest round: Series A (Feb 23, 2023)
- Investors on record: 5

## About

Based in Georgia, US, Emrgy Inc., aka Emrgy designs and deploys modular, scalable hydroelectric turbine solutions without the construction of dams. In August 2022, Emrgy Inc. raised USD 7.8 million in venture debt funding from unspecified investors.

The company's transformative technology uses turbines, magnetic gearboxes, and small hydroelectric power generators, which reduce energy costs by a significant amount and allow power generator companies to generate electricity from slow-moving rivers and streams.

## Funding rounds

- Series A, Feb 23, 2023, $13M — Fifth Wall Ventures, Oval Park Capital, Blitzscaling Ventures, Overlay Capital, Veriten LLC
- Series A, Aug 29, 2022, $13M — Fifth Wall Ventures, Oval Park Capital, Blitzscaling Ventures, Overlay Capital, Veriten LLC

## Investors

- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series A
- Oval Park Capital (https://capitalatlas.ai/funds/oval-park-capital) — Series A
- Blitzscaling Ventures (https://capitalatlas.ai/funds/blitzscaling-ventures) — Series A
- Overlay Capital (https://capitalatlas.ai/funds/overlay-capital) — Series A
- Veriten LLC — Series A