Goodwin’s Technology team advised Dandelion Energy on their $40M Series C funding round led by Google Ventures and supported by Collaborative Fund, LenX, Breakthrough Energy Ventures, and NGP. The investment round will fuel the company’s two-pronged nationwide expansion: distributing its revolutionary heat pump technology to installers and homeowners and implementing large projects for production home builders and multifamily developers. The recent launch of the groundbreaking Dandelion Geo heat pump anchors Dandelion’s leadership position in the geothermal heat pump market.
Dandelion Energy is the nation’s leading home geothermal company. By making geothermal heating and cooling systems simple and affordable, Dandelion empowers modern homeowners and home builders to adopt premium, emissions-free heating without a premium price tag. Together with the customers they serve, they are shifting the built environment away from fossil fuels using resilient, local, low-cost geothermal energy.
The Goodwin team was led by Harley Brown, Loren Goodman, Sean Philbin, Chris Turnbull and James Matarese with invaluable assistance from Scott Zilora, Matthew Mancini and Megan Meyer.
For more information on the deal, please read the press release.