Loci Controls, a Boston, MA-based cleantech startup, raised a seed funding of undisclosed amount.
Backers included CommonAngels Venture Fund, Launch Capital and several angels in the Boston area.
The company intends to use the funds to commercialize its technology for the extraction of methane from landfills, to enhance its proprietary control algorithms, grow its team, and deploy at additional landfills across the northeast.
Founded by MIT alumni Andrew Campanella and Melinda Hale, Loci Controls is developing a hardware-enabled service to help harvest and optimize energy production from landfills through automated monitoring and control of landfill gas collection.
The company is targeting late April for its first full deployment, in collaboration with the Crapo Hill Landfill and CommonWealth Resource Management Corp. in New Bedford, MA.
Loci was initially funded and incubated at Bolt.
FinSMEs
17/03/2014