Funding Details
- Awarder
- StartEngine
- Date Award
- April 19, 2022
- Vertical
- Energy Efficiency
- Funding URL
- View Funding Page
- Premoney Valuation
-
$11,330,000
- Valuation
-
$11,330,000,000,000
Company Info
- Founding Year
- 2014
- Traction
- Since forming the company in 2014, they have steadily developed their technology through a series of component tests, prototypes, and patents, leading to a pre-commercial prototype that is currently being tested under a grant from the California Energy Commission.
- Revenue Amount
-
$30,000,000
- Organizations Involved
- National Science Foundation, California Energy Commission, Gas Technology Institute
- Founders
- Todd Thompson, Hans Shillinger, Christophe Duchateau
- Company Description
- Carnot Compression has patented a method for solving the ‘heat of compression’ problem, and in the process has developed a means to drastically cut down on billions of dollars worth of wasted operating costs across a bevy of industries.
- Market
- Industrial
- Location
-
Scotts Valley,
CA,
US
- Coinvestors
- StartEngine Capital, LLC
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