GlassPoint
Latest round
- Series C
Last raised
- Sep 2014
Total raised
- $63M
Investors
- 6
About GlassPoint
Founded in 2009 and headquartered in New York, US, GlassPoint focuses on leveraging solar energy for industrial steam generation.GlassPoint specializes in the production of solar process steam utilizing its proprietary enclosed trough technology. This innovative solution harnesses sunlight to generate steam, catering primarily to industrial users in sectors such as oil and gas, chemicals, and manufacturing. The technology is designed to function efficiently in remote and harsh environments, ensuring consistent steam supply for various industrial processes.GlassPoint operates under a model that emphasizes long-term steam supply agreements with its clients, driving its revenue. These agreements allow customers to harness solar steam while reducing fossil fuel dependence, structured around cost savings associated with lower emissions.In July 2024, GlassPoint Solar, Inc. The company is focused on enhancing its product offerings and exploring new markets for growth.
Who invested in GlassPoint
6 investors across 3 rounds
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Questions about GlassPoint
Who invested in GlassPoint?
GlassPoint has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GlassPoint raised?
GlassPoint has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did GlassPoint last raise money?
GlassPoint's most recent round on record is a Series C, in Sep 2014.
What does GlassPoint do?
Founded in 2009 and headquartered in New York, US, GlassPoint focuses on leveraging solar energy for industrial steam generation.
Where is GlassPoint headquartered?
GlassPoint is headquartered in New York, US.
Which VCs invest in companies like GlassPoint?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at GlassPoint's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series C
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