AUGUST 2026 UPDATES
FUND III
Confirmed partnerships with development groups and a municipality to build 10-plex and 5-unit townhomes for rural rentals.
Closed a record number of new architecture firms moving to their paid tier—2X the prior record high and signed their two largest lead generation contracts ever.
Announced a strategic partnership with Burns & McDonnell, a large engineering and construction firm, to build utility-scale solar projects. Completed a record installation day in Michigan with a single machine completing 682 panels in a 12-hour shift.
Secured $1.6 million in additional grant funding from Protein Industries Canada for their project in collaboration with Phytokana Ingredients, and TTM revenue surpassed $1.2 million.
Began modifying their product to function on public frequency bands in preparation for an upcoming trial with a major Canadian network operator.
Completed 15 flights in Idaho and treated 155 storm cells, reducing lightning strikes by 67%. This is the second season they produced the same result across three regions in Canada and the US.
Exceeded all success metrics in first phase deployments at the largest East Coast and West Coast IOUs, moving into scaled production.
FUND II
Grew ARR +50% in the past 6 months and doubled their pipeline, driven by their recently released AI Agronomist that is cutting scientific analysis time by 160X.
Closed a master services agreement with Guckenheimer, the last of the four major food service partners to sign.
Delivered a 3rd dispenser to southern California, with a 4th following later this month, to expand what was already one of the largest hydrogen stations in North America.
Completed several successful technical validations with automotive, footwear and industrial customers. Completed a POV and began contracting Hoka athletic footwear.
Launched a new battery-VPP financing business targeting an initial pilot in the Connecticut Energy Storage Solutions program.
Launched reports for solar generation sites following the success of their data center intelligence.
Successfully completed technical due diligence with a large commercial partner looking to integrate.
FUND I
Began a paid feasibility study for a major pharmaceuticals company that opens a new market and direct sales opportunity.
Held stakeholder meetings in Georgia including Southern Company, SLB, University of Georgia, and Rayonier for DOE-funded carbon storage hub development project. Subsidiary FrostCarbon raised additional $600K in SAFEs.
Announced progress with Legacy Fibers in transforming agricultural hemp byproducts into commercial-grade solutions with new market potential under the Microfactory Venture Platform.
































