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Dandelion Energy

Topic: Company

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Dandelion Energy, Inc.
TypePrivate
IndustryGeothermal heating
Founded2017; 7 years ago (2017)
HeadquartersMount Kisco, New York, U.S.
Area served
New York, Connecticut, Massachusetts , Southern Vermont
ParentX (until 2017)
Websitedandelionenergy.com

Dandelion is an American geothermal heating supplier in the Northeast United States .[1] Prior to 2017, the company was part of Google X, before turning into an independent company.[2] Dandelion targets providing geothermal heating and cooling (HVAC).

The system consists of a heat pump that pipes energy to or from a house.[3] In February 2019, Dandelion raised 16 million in a series A fundraising round.[4][5]

Dandelion's CEO, Kathy Hannun, was named one of Fast Company's most creative people in 2018.[6]

In June 2018, Dandelion began the installation of the first sub-$20,000 geothermal heat pump, Dandelion Air.[7] The product was designed in-house by the company, which is installed in the backyard of a residential property and is currently financed over a 20-year term.[8]

In September 2020, Dandelion announced its expansion to Connecticut.[9]

References

  1. ↑ Kolodny, Lora (6 July 2017). "Alphabet's moonshot factory just launched a geothermal energy start-up called Dandelion". CNBC. https://www.cnbc.com/2017/07/06/google-x-launches-dandelion-a-geothermal-energy-startup.html. 
  2. ↑ Yurieff, Kaya (7 July 2017). "Google's new startup uses energy from your lawn to heat your home". CNNMoney. https://money.cnn.com/2017/07/07/technology/google-dandelion/index.html. 
  3. ↑ Moon, Mariella (7 July 2017). "Alphabet launches a company to make geothermal heating affordable". Engadget. https://www.engadget.com/2017/07/07/google-x-geothermal-heating-and-cooling-systems-dandelion/. 
  4. ↑ "Alphabet X lab spinoff Dandelion raises $16 million for home geothermal systems". https://venturebeat.com/2019/02/12/alphabet-x-lab-spinoff-dandelion-raises-16-million-for-home-geothermal-systems/. 
  5. ↑ "Dandelion Energy, the Alphabet X spin out, raises another $16M led by GV and Comcast". https://techcrunch.com/2019/02/12/dandelion-energy-the-alphabet-x-spinout-raises-another-16m-led-by-gv-and-comcast/. 
  6. ↑ "Meet Kathy Hannun, one of Fast Company's 100 Most Creative People 2018". https://www.fastcompany.com/person/kathy-hannun. 
  7. ↑ Martin, Chris (30 May 2018). "Alphabet Startup Heats Your Home From a Hole in the Ground". Bloomberg News. https://www.bloomberg.com/news/articles/2018-05-30/alphabet-startup-will-heat-your-home-from-a-hole-in-the-ground. 
  8. ↑ Rathi, Akshat (31 May 2018). "An Alphabet spinoff company can cut a home's energy bills by digging a deep hole in the backyard". Quartz (publication). https://qz.com/1293436/dandelion-energy-pledges-to-make-geothermal-heating-and-cooling-cheaper-and-more-accessible/. 
  9. ↑ Turmelle, Luther (2020-08-28). "Geothermal energy company entering CT market; target is Fairfield then New Haven counties" (in en-US). https://www.ctinsider.com/business/nhregister/article/Geothermal-energy-company-entering-CT-market-15521474.php. [yes|permanent dead link|dead link}}]



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