GlassPoint
Latest round
- Series A
Last raised
- Jul 2024
Total raised
- $2.5M
Investors
- 1
About GlassPoint
Based in New York, US, and founded in 2009, GlassPoint, Inc. operates as a designer and manufacturer of solar steam generators. The company provides solar steam technology designed to help industrial users reduce carbon emissions while ensuring cost efficiency. GlassPoint’s enclosed trough technology harnesses sunlight to produce steam, making it ideal for industries operating in remote and harsh environments as it requires low capital cost and operating expenses while delivering emission-free steam day and night. The enclosed trough system uses large, curved mirrors suspended inside an agricultural glasshouse, automatically tracking the sun to focus sunlight on a stationary boiler tube containing water, which efficiently produces high-pressure steam. This technology allows customers to immediately reduce carbon emissions by up to 80% without disrupting existing operations, as they retain their fossil fuel-based sources of steam while operating them at reduced capacity. Some of GlassPoint's projects include Ma’aden Solar I, Miraah, Amal II, etc.
Who invested in GlassPoint
1 investor across 1 round
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Funding rounds
Series A
Jul 2, 2024
Amount
$2.5M
Investors
Questions about GlassPoint
Who invested in GlassPoint?
GlassPoint has 1 investor on record across 1 venture round. 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 1 venture round. 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 A, in Jul 2024.
What does GlassPoint do?
Based in New York, US, and founded in 2009, GlassPoint, Inc.
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 renewable energy companies at GlassPoint's stage. Their profiles are linked below.
VCs backing renewable energy startups at Series A
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