HomeFinTechAeroseal: Raises $30M in First Close of Series B Funding

Aeroseal: Raises $30M in First Close of Series B Funding

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Aeroseal Raises $30M in First Close of Series B Funding

  • Aeroseal, a Dayton, Ohio-based climate tech company, raised $30M in Series B funding
  • The round was led by OGCI Climate Investments
  • The company intends to use the funds for expansion beyond buildings into gas pipelines and into new geographic markets
  • The company provides a software-enabled energy solution with patented sealing technologies for commercial and residential buildings
  • Its products can reduce energy consumption of a building by 30% on average, cutting carbon dioxide (CO2) emissions from and improving the efficiency of buildings
  • The company currently operates largely in North America, but sees significant opportunities in the U.K. and the rest of Europe
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