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Aeromine Technologies closes a $9M Series A round led by Veriten to accelerate the rollout of its motionless, onsite wind energy solution.

May 20, 2024about 1 year ago

Amount Raised

$9 Million

Round Type

series a

HoustonBiomass EnergyRenewable EnergyEnergy

Investors

Family OfficesThornton Thornton TomasettiVeriten

Description

Aeromine Technologies, headquartered in Irvine, closed an approximately $9-million funding round to accelerate the rollout of its motionless, onsite wind energy solution. The lead investor in the Series A funding round is Houston-based Veriten, with additional investments from global engineering firm Thornton Thornton Tomasetti and family offices.

Company Information

Company

Aeromine Technologies

Location

Houston, Texas, United States

About

Aeromine is an impactful wind energy system for large buildings. A row of units installs along the rim of the building facing the prevailing wind direction. Each unit is rated at 5kW AC power with no degradation over time. The units do not move, are safe and quiet.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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