Alphabet's Geothermal Energy Startup 'Dandelion' Raises $4.5M - sutterdeupok

Alphabet X, better known equally 'The Moonshot Factory', has been the proving evidence for a number of startups working on futuristic technologies that could someday "make the world a radically better place." Earlier this year, the startup incubator gave birth to a new cybersecurity-centralized firm known as Chronicle which promised to revolutionize the cybersecurity space. Today, a clean energy startup known as Dandelion, which was originally incubated within Alphabet X, has raised $4.5 million to bring geothermal heating and cooling systems for homes.

The company claims that using the energy system of rules can reduce the customers' bill by half, while also being remote more environment friendly than conventional energy systems which use bluster and fossil fuels.

Blowball tack shop in Upstate New House of York, a region which has extreme cold and hot spells, and plans to use the funding to grow the company nationwide. The company claims that it currently has a waitlist of "thousands" of customers across the country.

Dandelion's co-founder and Chief executive officer, Kathy Hannun, in a statement aforesaid:

"We have been overwhelmed with necessitate and support from homeowners across the nation. This roundish will help us ramp up operations to serve these customers and plunge our new and improved 2022 oblation…Over the next decade, homeowners across America will supersede their expensive, conventional dwelling house heat systems with Blowball energy…I'm thrilled to be part of the team that bequeath lead this transition."

TechCrunch reports that the current round of financing was light-emitting diode aside New Endeavor Associates, along with spick-and-span investors the likes of BoxGroup, Daniel Yates, and Groud Up. Previous investors including, Borealis Ventures, Cooperative Fund, and ZhenFund, also took part in the backing. Up until now, Blowball has increased a total of $6.5 million, which includes a seed snipe which was declared back in July shoemaker's last year.