JUNE 2025 UPDATES

FUND III

Achieved 11% MoM growth in paid licenses; signed their first affiliate marketing LOI with a product manufacturer.

Launched sales in Massachusetts and signed a lease on another location opening in NY in September.

Closed $182K in new bookings. Completed 2000 acres of new installation with their largest customer, a 1300 acre ranch in central California.

Partnered with senior telecom executives to advance product standardization and define new value streams, unlocking additional commercial opportunities.

Received FAA flight worthiness certification for all their modifications that are necessary for their wildfire prevention technology.

Met all success criteria for their flagship AI-based planning project with Southern California Edison completing in the first week of July.

Received a 250 bike paid pre-order from M-Kopa, to support their fleet operations for Bolt. Launched multiple showrooms in Nairobi.

FUND II

Closed new deals with $30K ARR and became cash-flow positive.

Reached 2024 bookings target of $2 million 6 months ahead of forecast.

Finished at 2% above projections, ending Q2 at 4% above projections, in large part due to 6X growth in corporate and hospital food service.

Closed Q2 with $400K in new sales, one of their best sales quarters ever despite having a smaller team. Signed two new Arl customers and renewed one for $2750 in MRR.

Pitched large home improvement retailer for a 300 store trial of their newly released heat pump controller Puck 2.

Launched partnership with DC Metro, bringing Future branding to every pay gate in America’s second biggest transit system with millions of riders.

Completed contracting for a new $6 million sale of hydrogen infrastructure product and services to a US transit agency.

Advanced on customer deployments, emphasizing inventory, pricing and hedging.

Signed projects in Pennsylvania, Maryland, New Jersey and Delaware, bringing their signed project total in each state to over 5 MW (or $10M+ in project value).

Added ~$900K of pipeline in the sportswear industry alone, between new business and expansion. Submitted pilot proposal to a top three global aircraft manufacturer.

Fully subscribed the 1500 EV Puget Sound Energy (PSE) marketing pilot, which will be leveraged to win a follow up contract with PSE, the largest utility in the state of Washington.

Received a new verbal approval from a data center operator for a new contract with $36K in ARR.

Launched a first-of-its-kind improvement for their EcoRail app that delivers fuel consumption results to operators immediately from train speed data, bypassing locomotive event recorders.

Delivered 3-13X greater accuracy than ERCOT/CAISO’s day-ahead market with their AI-powered forecasting, which showed 300 GWh of better accuracy and $28 million in value unlocked when combined with LMP for PG&E and grid operations.

Announced the expansion of a client's white-labeled platform into a nationwide initiative supporting the digital transformation and internationalization of Ecuador's $1.3 billion textile production market.

FUND I

Advanced deals with Viscofan Alabama and Refresco South Carolina for $1 million in initial revenue and $162K in ARR.

Closed a deal for rollout across the full 170-asset portfolio at another one of the largest multifamily real estate investment trusts in the US.

Spun out the company’s technology platform–now called FrostCarbon Inc.–in anticipation of closing a Series A round for the new company.

Featured in international media including PR Times, CTV News, Tencent, and El Economista; collaborated with the Canada Pavilion for Air Canada’s Poutinerie at Expo 2025 Osaka, where the Japan team locally designed, built, and installed elements throughout the space.

Released two new product lines. Clir Associate, an AI agent for renewable energy executives for decision-making intelligence; and Clir Enhance, a data enrichment layer for portfolio management.

Received verbal approval from Jack's restaurants for a 5 year contract for $360K ARR, which hits a new quarterly revenue record of $655K ARR—the fourth record quarter in a row.

Closed another deal with Deloitte, this time with their UK entity. Founder Laura Zizzo was honoured in the 2025 Fin-Erth Women in Climate awards in London.

Achieved a rating of 4.4/5 stars by our shoppers as one of the top rated grocery rebate apps on Trust Pilot.

Closed a $4 million additional investment toward their Series B from Constellation Technology Ventures, the venture investing arm of Constellation, the largest producer of emissions-free energy in the United States.