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 round was led by TPG Biotech, with participation from initial investors Claremont Creek Ventures and CalCEF Clean Energy Angel fund.

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.



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