Congratulations to International Thermodyne Inc.

International Thermodyne Inc. has landed a $3.5MM round of funding from angels to bring its first product, the Opal System, to market. 

Founders Paul Solitario and Tim Risser say that the Opal System will give data resolution to clothing manufacturers regarding the use habits of end users. The system also has applications in industrial settings. 

 

http://www.ithermodyne.com/

http://www.bizjournals.com/charlotte/news/2017/02/07/charlotte-energy-startup-raises-3-5m-equity-round.html#i1

International Thermodyne Inc. joined Joules in 2014. 

Congratulations to ATOM Power and Ryan Kennedy

Joules wishes to extend congratulations to ATOM Power and Ryan Kennedy for securing a "significant round of funding" from next147, the independent innovation arm of Siemens.

This round of funding will allow ATOM Power to commercialize their product line, which includes the world's fastest and safest solid-state energy management solutions. Their product line includes the ATOM Panel, the ATOM Switch, and the ATOM OS.

Atom.jpg

Again, congratulations, and we can't wait to see what is next for ATOM Power. 

http://www.atompower.com/

http://finance.yahoo.com/news/energy-industry-giant-siemens-invests-201300686.html

 

ATOM Power joined Joules in 2015. 

Catalyst Cycle 1 Comes to a Great Close

Congratulations to the Joules Cycle 1 Class!

Joules Catalyst companies participated in a two day event last week to tie up the first 90-day Catalyst Cycle. 

Teams brought their pitches to the Southern Company Energy Innovation Center on February 2nd, and then to the Charlotte Chamber of Commerce on February 3rd. Both events were attended by local and regional investors. We will be sure to follow up with the startups in the coming weeks to see if any deals were landed.

 

A very special thank you goes out to the Southern Company crew, especially Julie Pigott and Michael Britt, who helped execute the event in Atlanta.

For our Charlotte event, we would like to thank our keynote speakers David Jones of Peak 10, and Keva Walton of the Chamber of Commerce. 

Catalyst Cycle 1 Enters its Last Week: Demo Day

Join Joules as we get ready to wrap up our first 90 day Catalyst Cycle with events in Atlanta and Charlotte.

Each of our seven teams will take seven minutes to pitch to an audience of investors. After all pitches have finished, the teams will then be given the opportunity to network with the audience, answer any questions, and see if the potential for a collaboration of any kind exists. 

The Atlanta Event: February 2 at The Garage at Tech Square (848 Spring Street). The event begins at 5:00pm, with a reception and networking event following at 6:45pm.

The Charlotte Event: February 3 at the Chamber of Commerce (330 South Tryon Street). The event begins at 3:30pm, with a reception and networking event following at 5:15pm. 
 

If you would like to RSVP for either event, please contact Kim Lee at kim.lee@cltjoules.com for registration details.