Quilt Raises $33M to Launch the Smartest Way to Heat and Cool Your Home [Yahoo! Finance]
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Source: Yahoo! Finance
Quilt is launching and available to order on May 15 REDWOOD CITY, Calif., April 16, 2024 BUSINESS WIRE Quilt , the smart home climate solution company, today announced its $33M Series A funding round co-led by Energy Impact Partners and Galvanize Climate Solutions, with participation from Lowercarbon Capital, Gradient Ventures, MCJ Collective, Garage Capital, Incite Ventures, and Drew Scott. Quilt was founded because 20% of U.S. global warming emissions come from homes. The largest driver of home emissions is burning fossil fuels for heat. With a best-in-class team including key hires from Google, Apple, Nest, and Tesla, Quilt is building a smart home climate solution that's more efficient and intuitive than anything on the market today. This funding will fuel Quilt's launch and expansion into homes across the country to supercharge the clean energy transition. Quilt will first launch in the Bay Area, followed by Los Angeles, and then expand to new markets in the U.S. to meet r
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