Project Frog, a San Francisco, CA-based builder of prefabricated environmentally sustainable buildings, has raised $22 in financing.
The investment round was led by GE (NYSE: GE) unit GE Energy Financial Services, with participation from Claremont Creek Ventures, Greener Capital Partners and RockPort Capital Partners.
The company intends to use the proceeds from the investment to expand its sales pipeline and execute on orders.
Led by CEO Ann Hand, Project Frog manufactures commercial building systems for educational and government organizations, healthcare offices and retail spaces.
Project Frog’s technology combines semi-custom designs with a pre-engineered kit of energy-efficient building components. Through advanced performance modeling, the company analyzes how its buildings will perform in each location. The kits are delivered to project sites ready for assembly, and typically take one to six months to construct.
Project Frog began construction of one of its prefabricated environmentally sustainable buildings at GE’s renowned Learning Center in Ossining, NY (see photo).
FinSMEs
08/09/2011