Dandelion Energy

Last updated
Dandelion Energy, Inc.
Company type Private
Industry Geothermal heating
Founded2017;8 years ago (2017)
Headquarters Mount Kisco, New York, U.S.
Area served
New York, Connecticut, Massachusetts, southern Vermont
Parent X (until 2017)
Website dandelionenergy.com

Dandelion is an American geothermal heating supplier in the Northeastern 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 . Retrieved 26 January 2018.
  2. Yurieff, Kaya (7 July 2017). "Google's new startup uses energy from your lawn to heat your home". CNNMoney . Retrieved 26 January 2018.
  3. Moon, Mariella (7 July 2017). "Alphabet launches a company to make geothermal heating affordable". Engadget . Retrieved 26 January 2018.
  4. "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".
  6. "Meet Kathy Hannun, one of Fast Company's 100 Most Creative People 2018". Archived from the original on 2022-05-26. Retrieved 2019-05-03.
  7. Martin, Chris (30 May 2018). "Alphabet Startup Heats Your Home From a Hole in the Ground" . Bloomberg News . Retrieved 9 June 2018.
  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) . Retrieved 9 June 2018.
  9. Turmelle, Luther (2020-08-28). "Geothermal energy company entering CT market; target is Fairfield then New Haven counties". CTInsider.com. Archived from the original on August 29, 2020. Retrieved 2020-09-29.