FEbRUARY 2026 UPDATES
FUND III
Signed planning contracts for a 15 unit development and a single unit project.
Signed 13 new commercial partnerships—with 9 new building product manufacturers and 4 new AEC firms—as they scale their multi-sided marketplace.
Submitted proposals representing approximately $440K in new customer bookings.
Closed a major expansion with a premier California wine producer that now has Lumo’s smart irrigation standardized throughout their entire Sonoma portfolio.
Began a supply agreement with Community Natural Foods across four locations in Alberta. Selected to join the Team Canada Trade Mission to Mexico, where they met with dozens of Mexico's largest agri-food processors.
Expanded trial scope with a major Canadian carrier and grew their commercial pipeline ahead of the industry's largest annual event.
Positive results on porosity and pressure indicate favorable conditions for their initial energy production loop.
Lead Government customer approved their contract renewal to run wildfire prevention.
Crossed 100 total bikes sold to fleet partners as they ramp to 1000+ fleet sales over next 6 months.
FUND II
Signed a LOI for a $164K deal, plus almost another $40K of mid size customers.
Began their expansion to Oklahoma with a new treatment facility closer to key crop production, which will increase margins with $15 million annual revenue capacity.
Nominated by insiders and accepted into the FoodBuy accelerator to refine GTM within the FoodBuy/Compass Group food service ecosystem.
Closed $170K in new bookings—continuing their record Q1.
Shipped 1700 Puck 2 units to RectorSeal, their strategic investor and master distributor as well as over 1000 Puck 2 pre-orders.
Received term sheets from banking partners to access better terms for their Future Card.
Recognized as BC Exporter of the Year in Clean Technology by BIV News and the Government of BC.
Launched seven commercial solar programs, totaling more than 3200 kW of solar capacity. Founder John Witchel was featured on CNBC and ESPN.
Received verbal approval for a contract with a major sportswear brand.
Advanced an expansion with Uplight to add four utility clients, which would bring the total to eight programs within the partnership.
Filled siting report capacity through Q1 with new contract with Big 4 accounting firm and latest report order batch from a global energy supermajor. Reduced report production time by ~40% to expand delivery capacity in Q2.
Advanced live deployment and validation at Illinois Railway, part of OmniTRAX, and announced Kevin Crimmins as Chief Commercial Officer, bringing 30 years of experience in technology and business sector.
Presented to ERCOT’s Large Load Working Group, sharing how AI-driven load smoothing and storage orchestration can enable faster, more reliable datacenter interconnection under growing grid constraints.
Expanded software deployment with a leading Colombian textile factory producing for global athletic brands such as Adidas, validating mission-critical positioning with established manufacturers.
FUND I
Reached $3 million in live deals moving through the pipeline.
Signed two sell-through partnership contracts for their real estate asset management risk platform.
Signed an ethanol producer to capture and store carbon, worth up to $5 million in revenue.
Entered into a joint collaboration with KOKUYO and Takenaka Corporation, two of Japan’s leading legacy companies, to develop and scale circular solutions for furniture and interior spaces.
Expanded a partnership with a European institutional asset manager through the onboarding of a new BESS project.
Signed a pilot with WKS, one of the largest Wendy’s franchises and signed an expansion with Harman’s, one of the largest KFC franchises, for a total opportunity value of $1.2 million USD.
Secured 20+ onsite meetings at GreenBiz, with ~$200K advanced in pipeline from a ~$10K investment (20:1 pipeline-to-spend ratio).
Spoke at the State of the Natural Product Industry hosted by the Naturally Network attended by over 300 industry professionals.
Reached $2 million in new bookings this year and were selected by EPB of Chattanooga to deploy and manage Level 2 and Fast chargers across their Tennessee network.