# Skyven Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/skyven-technologies

- Industry: Renewable Energy
- Headquarters: Dallas, US
- Website: www.skyven.co
- Total disclosed funding: $4M
- Latest round: Seed (Jan 11, 2022)
- Investors on record: 3

## About

Based in Dallas, US, and founded in 2013, Skyven Technologies, Inc. operates as an energy-as-a-service company that funds and de-risks capital projects to reduce carbon emissions caused by process heat. The company was founded by its CEO Arun Gupta. In January 2022, Skyven Technologies raised USD 4 million in seed funding led by new investor VoLo Earth Ventures, with participation from other new investors Global Founders Capital and SWAN Impact.

Skyven Technologies provides proprietary technologies that assist its clients in reducing fossil fuel use in their industrial plants. Its services include using artificial intelligence to analyze and find decarbonized processes that better fit its customers' operations, such as boilers, chillers, evaporators, and ovens, as well as an Internet of Things platform that process real-time operating data of its user’s manufacturing plants for carbon accounting and risk management.

The company plans to use the January funding to grow its EaaS offering by investing in sales, marketing, project execution, and software development teams to scale industrial emissions reductions.

## Funding rounds

- Seed, Jan 11, 2022, $4M — Global Founders Capital, SWAN Impact, VoLo Earth Ventures

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- SWAN Impact — Seed
- VoLo Earth Ventures (https://capitalatlas.ai/funds/volo-earth-ventures) — Seed