[ Cool Planet Energy Systems raises $19.3M in Series A ]

Cool Planet Energy Systems has raised $19.3 million in Series A funding.

Founded in 2009, Cool Planet Energy Systems is a technology company that is developing sustainable products to address three of the world’s largest markets: energy, food and water.

Cool Planet has discovered a way of engineering biocarbon to produce a soil supplement called Cool Terra that’s capable of increasing crop yields by an average of 14.9%. That’s according to 70 trials on lettuce, tomato, potato, strawberry, and alfalfa.

Funding  Series A
Founded  2009
Country  USA
City  Greenwood Village, Colorado
Founder / CEO  Vital Aelion
Deal Size  $19.3M
Investors  Agustin Coppel
 North Bridge Venture Partners & Growth Equity
Previous Investors  AE Ventures
 BP Technology Ventures
 British Petroleum (BP)
 Concert Energy Partners, LLC
 ConocoPhillips
 Constellation Energy
 Energy Technology Ventures
 Exelon Capital Partners
 GE Energy Financial Services
 General Electric (GE)
 Goldman Sachs
 GV
 North Bridge Venture Partners & Growth Equity
 NRG Energy
 Shea Ventures
 UBS
 Yung’s Enterprise

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