The energy data startup raised capital from a consortium of investors led by Michael Liebreich to expand its analytics platform.
"Batteries, flexibility and renewables are transformational technologies, but we need to leverage data to unlock their true potential. We build cutting edge analytics tools and get the right information into the hands of the people that need it most: the people delivering the energy transition."
The seed round was led by Green Angel Syndicate with participation from a syndicate of green investors and industry partners.
"This funding round will enable us to scale up our development and launch our business providing next-generation greenhouse gas monitoring. Our unique quantum Lidar is the right solution for the challenge of how to effectively measure industrial methane emissions, and meet the major commitments that the oil and gas majors have made to control their greenhouse gas emissions."