Alphabet Energy Raises $12M in Series A Financing
Alphabet Energy, a San Francisco, Calif.-based developer of silicon-based thermoelectric technology for generating electricity from wasted heat accelerates product development, has raised $12m in Series A Financing.
The company intends to use the funds to accelerate product development, deploy initial pilot projects, grow the team, and relocate to a new facility in the San Francisco Bay Area.
In conjunction with the funding, Dr. Mark Gudiksen of TPG Biotech, has joined Alphabet’s board of directors; Dr. Geoff Duyk of TPG Biotech joined as a board observer. The company is led by CEO and founder Matt Scullin.