Emrgy Inc. announced it raised $660,000 in an initial filing from an offering of $5.6 Million
03/25/21, 10:54 AM
Location
Money raised
$660,000
Industry
energy
Round Type
seed
Company Info
Location
75 5th st. nw
atlanta, georgia, united states
Additional Info
Emrgy designs and deploys modular, scalable hydroelectric solutions without the need for construction or dams. Compared to intermittent solutions like solar and wind, the controllable nature of these waterways enable higher capacity factors, do not require adjacent technologies such as storage, and ultimately deliver quicker and greater value to the customer. While in-canal hydro market potential has not been adequately quantified to date, the US market conservatively represents >6GW of undeveloped potential. Emrgy has developed a proprietary, global resource assessment tool to better characterize and quantify the vast, immediately available in-conduit hydroelectric potential.