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San Francisco has become one of the top hubs for clean tech innovation, with entrepreneurs flocking to The City, attracted by its talent, its central Bay Area location and its venture ecosystem.
Quilt, the California smart home climate solution start-up, has raised US$33 million in a Series A funding round, ahead of the launch of its heat pump on 15 May 2024.
Though this is technically AlleyCorp’s first fund, the Kevin Ryan-led firm has a long track record of investments and incubations that include MongoDB, Gilt Groupe, Business Insider, and Zola.
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FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!