VC-backed Clir Renewables nabs $1.9 mln in bridge funding
Clir Renewables, a Vancouver-based renewable energy software provider, has raised $1.9 million in bridge financing. The source of the funding was not released. Clir, which closed a $2.1 million seed round in 2018, counts Active Impact Investments, a Canadian impact venture capital firm, among its backers. It also secured funding from Sustainable Development Technology Canada. CEO Gareth Brown said the bridge financing will support growth and product development prior to a Series A round later this year. Founded in 2017, Clir provides an artificial intelligence software platform that helps wind farm owners and operators to maximize production and gain clarity on performance risk.
4 June 2019•2 mins read
