Upstream Tech, an Alameda, CA-based corporation that builds software for making planetary decisions, received an investment from Hull Street Energy.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Marshall Moutenot, Upstream Tech builds software for making planetary decisions. Its solutions include:
- HydroForecast, a global water forecast offering short-term and seasonal forecasts and long-term climatological outlooks, and
- Lens, a remote monitoring and reporting platform that expands access to a vast library of geospatial data and remote imagery, supporting the monitoring, protection and restoration of millions of acres of land around the world.
Hull Street Energy is a private equity firm that specializes in deploying capital into the power sector as it decarbonizes. Headquartered in Bethesda, Maryland, the team leverages its decades of experience and unique knowledge of North American electricity infrastructure, fundamentals, and grid operations, including fuel inputs, commodity contract structuring, renewable and fossil powered generation assets, energy storage, transmission and distribution systems, and electricity demand-side businesses to build value for stakeholders.
FinSMEs
25/10/2023