HyperBorean Closes Angel Funding Round with Focus on Climate Change Solutions

LINK TO FULL PRESS RELEASE

One month after attending the Bloomberg Energy Investor Forum HyperBorean closed its pre-seed angel round of financing totaling $2,100,000.

Angel investors included members of Landmark Angels and Precocity Capital, both in Connecticut, and a principal with Heartland P5 in Kansas City. Additional angel investors are located in Wichita, Tulsa, and Kansas City.

 

HyperBorean accepted into Valley Ventures Cohort 4

September 1, 2019
HyperBorean was accepted into the Valley Ventures accelerator program Cohort 4.  The program offers experience mentorship and engagement with top-tier industry leaders in agriculture and technology and lasts from September through October of 2019.

The Valley Ventures Accelerator is a program of the Water, Energy, and Technology Center at Fresno State. Its main goal it to help promote the growth of participating ventures. Whether that be involving students, staff, and faculty or setting up a company’s technology on the 1,000 acre farm. It all starts with Fresno State’s strong focus on real world agricultural issues and the involvement with private industry partners. With such a focus on leveraging academic and public resources for the development of the agricultural, water, energy nexus, Fresno State will continue to be an instrumental institution for Valley Ventures.

Throughout the program, HyperBorean will receive close engagement with other entrepreneurs and industry leaders in the agriculture, water, and energy technology space. Valley Ventures mentors and speakers come from a variety of backgrounds ranging from successful founders who have built and sold companies, to experienced investors well versed in the agriculture tech space, to seasoned executives who run or even own some of the largest agriculture related firms in the nation. 

Through these relationships, HyperBorean will be prepared to access investment opportunities, generate revenue, and establish a solid understanding of the industry.

HyperBorean Opens its Doors to Investors at Wichita State University

HyperBorean needed more than Founder and CEO Todd Gentry’s garage to take ideation to execution with a fully functional product. He found the solution at Wichita State University’s GoCreate space and made good on the Opportunity Zone availability.

From Wichita.edu:

“As GoCreate marks its second year, that access to tools, technology and advice is critical to Gentry and others. Gentry, from Winfield, is founder and CEO of HyperBorean and has been a member of GoCreate, a Koch Collaborative, using its studios and equipment, for the past nine months to push his product from idea to commercialization in an economical fashion.

“Investors don’t like science projects,” Gentry said.

HyperBorean calls itself a “cleantech” company and its products attempt to use heat (typically waste heat) as an energy source to power air conditioning and refrigeration. Gentry is working on prototypes to cool automobiles and small buildings such as mobile telecom equipment structures.

He reached the point where he needed a prototype to show investors to move past the “science project” phase and show off equipment.

“We’ve come through a really long slog of research and development,” he said. “It’s all been theoretical work to date.”

Gentry and Patrick Hosty, HyperBorean’s business developer, are also working with WSU Ventures. They see Wichita State’s resources and community as offering a series of advantages.


Patrick Hosty , business developer, HyperBorean
“The ability to cross-connect and cross-pollinate within the university’s eco-system is phenomenal,” Hosty said. “We can meet with WSU Ventures and get further development contacts…’”

 

Read more

HyperBorean Attending CleanTech Forums in January

HyperBorean is heading to San Francisco for the CleanTech Forum at the end of January. While there we will also be participating the CleanTech Open Global Forum. This will be a great opportunity to both learn how others are approaching cleantech solutions across numerous industries and share about our innovative approach to cooling with heat.

Todd Gentry – HyperBorean’s Founder and CEO – and Patrick Hosty – HyperBorean’s Business Developer – will be on hand to connect with anyone interested in learning more about how we are solving for exponentially increasingly energy-consumptive cooling industry. If you are attending we would enjoy connecting with you. See you in San Francisco!