Carnot Compression (Equity)
Funding Details
Awarder
StartEngine
Date Award
April 19, 2022
Vertical
Energy Efficiency
Premoney Valuation
$11,330,000
Valuation
$11,330,000,000,000
Funding Amount
$952,958,000,000
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
Market
Industrial
Location
Scotts Valley, CA, US
Coinvestors
StartEngine Capital, LLC
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.

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