Zolo Technologies is a leading manufacturer of unique instruments designed to measure combustion in ultra-harsh environments such as coal-fired power plants and jet engines. Founded in 1999 and headquartered in the United States, the company's innovative technology directly measures the combustion process, enabling optimization and leading to improved efficiency, increased reliability, and reduced emissions of NOx and CO2 - the leading cause of climate change. With the United States consuming over 1,000,000,000 tons of coal annually, even small efficiency improvements can have a significant impact. For example, by enhancing the efficiency of the US coal-fired fleet by an average of just 2% using Zolo Technologies' sensor technology, it is equivalent to reducing CO2 emissions by 43,000,000 tons, removing 8,000,000 cars from the roads, creating 5,000,000 CO2-free households, and installing 30,000 large wind turbines. Moreover, jet engine manufacturers and high energy consuming industrial processes stand to benefit from Zolo Technologies' sensors, enabling higher efficiency, reliability, and cleaner, more efficient processes. The last investment received was a $1.50M Venture Round on 25 September 2009.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $1.50M | - | 25 Sep 2009 | |
Grant | Unknown | - | 06 Feb 2008 | |
Series D | $12.50M | 5 | 06 Jan 2007 | |
Series C | $5.00M | 3 | 15 Jul 2005 | |
Series B | $32.50M | 7 | Infineon Ventures | 18 Jun 2001 |
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