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Stone Mountain Technologies announced it raised $17.5 Million in an initial filing from an offering of $17.5 Million

Stone Mountain Technologies announced it raised $17.5 Million in an initial filing from an offering of $17.5 Million

11/04/22, 8:32 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgpiney flats
Money raised
$17.5 million
Industry
other

Company Info

Company
Stone Mountain Technologies
Location
340 industrial park rd.
piney flats, tennessee, united states
Additional Info
Stone Mountain Technologies, Inc. (SMTI) is a developer and manufacturer of high-temperature gas absorption heat pumps under the ANESI brand. This best-in-class heating solution uses the existing natural gas or propane fuel supply to homes and small commercial buildings. Anesi gas heat pumps include patented compressor-less technology and operate without harmful refrigerants. The Anesi gas heat pump has an Annual Fuel Utilization Efficiency (AFUE) rating of 140% which immediately reduces fuel use and and carbon emissions. SMTI's Anesi products are ideal for a wide range of residential and light commercial heating needs, including forced air and hydronic space heating as well as water heating.

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