MARCH 2025 UPDATES

FUND III

Grew their paid user base to 30 firms and now has over 1.2 million square meters of real estate projects using the platform to reach decarbonization goals.

Sold their highest number of systems in a month which pushed them over a $10 million run rate.

Had their best month ever for sales including major accounts in British Columbia, effectively doubling their acreage in this new market. Released a customer support platform complete with training and a help center.

Launched their antenna monitoring product at Mobile World Congress Barcelona and made significant commercial progress with 27 new prospective customers, including several of the world's largest mobile network operators and equipment manufacturers.

Selected as one of 12 Finalists in the Fire Grand Challenge for North America based on their solution’s potential to achieve transformative environmental and social impact.

Won 1st place at the DISTRIBUTECH 2025 Initiate! pitch competition. Their partnership with Southern California Edison, NVIDIA and Microsoft on “high performance AI-based T&D power flow for automating the load interconnection process” was profiled at the NVIDIA Keynote at DISTRIBUTECH.

Increased waitlist for motorcycles in Kenya from 2000 to 5000 in less than a month while delivering bikes to several more customers. Finished charging production build of eight swap stations and 25 fast chargers. Featured on Insight EV.

FUND II

Signed five expansions and added $750K to the sales pipeline. Featured as the exclusive provider in a multi-day media event with Bonterra Organic Estates and The Donum Estate, briefing leading media groups on Agrology’s measurement capabilities.

Doubled run rate from $130K in Q4 to $300K, exceeding their Q1 target of $240K. All three machines from Columbia Tech are on-site at Clean Crop's new facility and on track to unlock $500K ARR capacity by end of Q2. 

Had a record number of launches in Q1 and achieved $400K in monthly revenue, beating their previous high water mark by $88K. Doubled units processed out of the East Coast from January to March.

Delivered their first two Arlo demos in the UK and booked 50 demos in Q1–surpassing their target of 30. Closed the first customer in EnPowered’s new target market segment–the first sign of validation for their updated go-to-market strategy.

Successfully got their first party Integrated Controls solution onto the MassSaves Qualified Product List, officially qualifying it for electrification incentives in Massachusetts, New York, Connecticut and Vermont.

Transactions grew 25% over the prior month, fueled by new ways for Future Members to earn on rides, bills, groceries and more.

Closed a new $7 million order for a hydrogen refueling installation in the US.

Closed two deals representing $14K ARR and another two verbals representing $34K after restructuring and re-initiating sales efforts.

Installed 820.3 kW at Vista Village in Vista, CA and 684.5 kW at Plaza de Perris in Perris, CA.

Showcased an application of their Geometric Intelligence platform for lightweighting aircraft cabins as part of the Safran booth at Hello Tomorrow, Paris.

Launched their largest program to date with Ava, targeting over 20,000 enrollments.

Presented at CERAWeek in Houston and debuted the data center expansion of their Othersphere Explorer tool at DCD Connect in New York. A growing list of organizations are set for commercial trials in April, including global technology companies, co-location operators, land developers and consulting firms.

Released their latest feature that allows railroads to identify which locomotive engines are actively powering the train—even if they’re turned off or running at reduced power–enabling more accurate fuel efficiency calculations and providing deeper insights into train performance.

Launched a new cloud-based Energy Management System service that helps businesses analyze, optimize, and reduce costs by leveraging energy storage, demand response, load management strategies, tariff rates, and distributed energy resources.

Continued to capture market share in the global textile supply chain with new marketplace activations confirmed for the next 5 months in Colombia, Quebec and Brazil. On track to triple SKUs digitized in the next month and strengthen their tech leadership across $20B+ in textile commerce.

FUND I

Successfully completed an international installation with strong results tackling high strength wastewater.

Signed a pilot with a leading Real Estate Investment Trust that has $20 billion AUM and owns 300+ high-quality communities across the US.

Received multiple non-binding term sheets for their carbon capture and sequestration projects.

Announced collaboration with the Canadian Embassy for Expo Osaka.

Secured a leading UK-based infrastructure investor deal to deliver strategic intelligence across a portfolio of wind assets with a clear pathway to broader deployment.

Achieved their best revenue quarter in history, adding $434K ARR. Named one of TIME’s Top GreenTech Companies of 2025.

One of their largest customers renewed their contract at 3X the size of last year's.

Recognized as a Great Place to Work Canada for the fifth year in a row.

Launched and exhibited their new software platform SWTCH Cortex, which brings step changes in energy management, local and cloud computing, and wireless communications at EV Charging Summit & Expo in Las Vegas and DISTRIBUTECH in Dallas.