Glow Labs (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- October 31, 2024
- Vertical
- Renewable Energy
- Funding URL
- View Funding Page
- Funding Amount:
- $30,000,000
Company Info
- Traction
- Glow has grown from a rooftop solar project in the U.S. to a network with several multi-million dollar solar farms in India, projected to eliminate over 85,000 tons of CO2 emissions.
- Founders
- David Vorick
- Company Description
- Glow Labs is focused on expanding solar energy farms in India, utilizing a decentralized energy distribution network that rewards farms for their electricity output with GLW tokens and USDC for carbon credits.
- Market
- Solar Energy
- Location
- India
- Coinvestors
- Framework Ventures, Union Square Ventures, Lattice Ventures, Protocol Labs, Hack VC, HF0, Alliance DAO