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Recently Funded|Amount: USD 244.9K|Industry: Appliances, Electrical, and Electronics Manufacturing

Florrent Secures $244,916 in Grant Funding for Sustainable Energy Innovation

florrent

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2-10 employees employees (Est.)
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In an exciting development for the clean energy sector, Florrent, a Massachusetts-based minority-owned DeepTech company, has successfully raised $244,916 in a recent funding round. This significant investment underscores the growing recognition of Florrent's groundbreaking work in developing high energy density ultracapacitors, which hold the potential to transform the way we stabilize electrical grids. As our world urgently shifts toward renewable energies and seeks solutions to support electric vehicles and net-zero buildings, Florrent's innovative technology addresses critical bottlenecks that have long hindered progress in these areas. What sets Florrent apart is not just its commitment to sustainability but also its dedication to social equity. The ultracapacitors are manufactured using abundant and regenerative hemp biomass sourced from Black and Indigenous farmers in the U.S., promoting local economies and environmental stewardship. The funds raised will be strategically utilized to upscale manufacturing processes, enhance research and development, and expand market outreach, allowing Florrent to accelerate its mission of building a greener, more equitable future. With this fresh infusion of capital, Florrent is poised to make significant strides in the clean energy landscape, fostering innovation while championing social justice in the process. As we look ahead, Florrent stands as a beacon of hope and progress in the intersection of technology, sustainability, and community empowerment.
July 31, 2024

Buying Signals & Intent

Our AI suggests florrent may be interested in solutions related to:

  • Energy storage solutions
  • Renewable energy technologies
  • Electric vehicle infrastructure
  • Sustainable agriculture products
  • Innovative technology partnerships

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