Taronga Ventures portfolio company enVerid raises US $20 million Series B led by Breakthrough Energy Ventures.
“Buildings remain one of the largest contributors to greenhouse gas emissions—19% on a global basis” said Carmichael Roberts of Breakthrough Energy Ventures. “We’re very excited about enVerid’s molecular air cleaning technology and market potential.”
Breakthrough Energy Ventures was established in 2015 by Bill Gates and a coalition of private investors concerned about the impacts of accelerating climate change to support innovations that will lead the world to net-zero emissions.
“We are honored to have this incredible group of investors backing our vision to make the world a cleaner, healthier place—both inside and out—by commercializing technology that delivers energy savings and healthier indoor air quality for commercial buildings,” said Christian Weeks, CEO of enVerid Systems.