ANGARA GLOBAL

company

About

AI-powered decarbonization technology enabling creation of a $50B mkt category thru new way to transfer heat in high-emission industries

  • 11 - 50

Details

Last Funding Type
Series B
Last Funding Money Raised
$6M
Industries
Artificial Intelligence,Clean Energy,Information Technology,Machine Learning,Software
Founded date
Jun 29, 2015
Number Of Employee
11 - 50
Operating Status
Active

ANGARA DeCarbonX is a NL-based technology scale-up with quickly growing sales.
In sum, our AI-driven solution unlocks a new market of >$50 billion / year through
digital transformation of an old b2b services segment.

• We are rolling out globally — a very PRAGMATIC & HIGH IMPACT decarbonization technology that pays for itself.
It is profitable for our customers. For a customer, the 1st sizable results are achieved within 12 months.
Globally, the CO2 impact abatement potential exceeds 1Gt CO2 / year at scale.

• The PROBLEM we solved:
High emission industries run zillions of HEX.
They run dirty WITH fouling, and hence — inefficiently.

• The SOLUTION:
Our fully digital AI-driven patented technology enables HEX to run cleanly AND efficiently all the time.

• We raise $30M to
(a) scale up with already engaged customers,
(b) expand international presence: the US and SE Asia/Singapore,
(c) enter new verticals like biofuels and geothermal.

ANGARA works with clients in the US, Europe, and South-East Asia.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$9.40M
ANGARA GLOBAL has raised a total of $9.40M in funding over 2 rounds. Their latest funding was raised on Oct 3, 2020 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 3, 2020 Series B $6M 1 Detail
Mar 1, 2019 Series B $1.90M 1 Foxtail Investment Detail
Apr 28, 2016 Series A $1.50M 1 FPI Ventures Detail
Jun 1, 2015 Series Unknown 1 FPI Ventures Detail

Investors

Number of Lead Investors
Number of Investors
3
3
ANGARA GLOBAL is funded by 3 investors. Foxtail Investment and FPI Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Foxtail Investment Yes Series B
FPI Ventures Yes Series A
MM Energy Series B