# NLine Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nline-energy

- Industry: Renewable Energy
- Headquarters: Hood River, US
- Website: www.nlineenergy.com/
- Total disclosed funding: $8.5M
- Latest round: Series C (Jan 10, 2024)
- Investors on record: 3

## About

Based in Oregon, US, and founded in 2010 by co-founder Matthew Swindle (CEO), NLine Energy, Inc. operates as a provider of energy recovery solutions that convert wasted energy into clean electricity for industrial and utility clients. In January 2024, NLine Energy, Inc. raised USD 8.53 million in Series C funding led by Mirova Environment & Infrastructure, with participation from Steyn Group and Burnt Island Ventures.

The company provides a wide range of energy recovery products, such as the Microsteam Turbine, which converts wasted energy into clean and renewable electricity. Additionally, the firm also provides hydro systems that channel water’s natural flow into perpetual energy, offering simple installed turbines with an average payback period of 3 years or less.

## Funding rounds

- Series C, Jan 10, 2024, $8.5M — Mirova Environment & Infrastructure, Burnt Island Ventures, Steyn Group

## Investors

- Mirova Environment & Infrastructure — Series C
- Burnt Island Ventures (https://capitalatlas.ai/funds/burnt-island-ventures) — Series C
- Steyn Group — Series C
