Dandelion Energy: Geothermal System for Home

7/24/2021 08:26:00 AM

Home Geothermal Power System – $12 Million Investment

Dandelion Energy operates in energy industry.

Dandelion Energy-Geothermal System for Home

As a spin-off company from Alphabet X, it provides an excellent geothermal power generation system in terms of environment and cost compared to the existing energy grid, mainly in New York.

Compared to conventional systems, compact installation technology can be installed in one day at half the cost ($20-25k), and energy cost savings of $35k over 20 years are expected.

Dandelion Energy

Dandelion Energy offers affordable geothermal heating and cooling installations. Dandelion Energy's home geothermal system replaces your home’s existing air conditioning and heating equipment with a powerful heat pump and safe, underground pipes that move heat between the earth and home.

General Information

Headquarters : New York, NY
Founders : James Quazi, Kathy Hannun
Categories : CleanTech, Consumer Goods, Customer Service, Energy, GreenTech, Renewable Energy, Service Industry
Founded : 2017
Contact : info@dandelionenergy.com

Funding

Investors: Collaborative Fund, Comcast Ventures, Ground Up Ventures, GV, Lennar Corporation, New Enterprise Associates (NEA)
Funding Rounds (7) - $34.5M
Jan 15, 2020 Series A / $12M
Feb 14, 2019 Series A / $16M
Jan 1, 2019 Non Equity Assistance
Apr 24, 2018 Seed Round
Mar 27, 2018 Seed Round / $4.5M
Sep 6, 2017 Seed Round
Jul 6, 2017 Seed Round / $2M