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.
International Thermodyne Inc. joined Joules in 2014.
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.
Again, congratulations, and we can't wait to see what is next for ATOM Power.
ATOM Power joined Joules in 2015.
Three Joules members listened in as Southern Company's COO Kim Greene discussed innovation and the future of energy at the Southern Company Energy Innovation Center.
What a great time to get involved with energy innovation!
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.
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 firstname.lastname@example.org for registration details.
Congratulations to Atom Power and Ryan Kennedy for reshaping the energy space. We are very much looking forward to see what 2017 has in store for this great, fast-growing energy startup.
Great job to John Eddins and the folks at TheoremGeo for helping Duke keep the lights on for customers during weather events!