Tech Company Financing Transactions
Florrent Funding Round
Florrent, based in Amherst, received $2.1 million in funding from MassVentures, Academy Investor Network and Boston Impact Initiative.
Transaction Overview
Company Name
Announced On
9/7/2023
Transaction Type
Venture Equity
Amount
$2,100,000
Round
Seed
Investors
Proceeds Purpose
The company will use the funds to store energy with hemp.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
University of Massachusetts Amherst Life Science Laboratorie
Amherst, MA 01003
USA
Amherst, MA 01003
USA
Phone
Undisclosed
Website
Email Address
Overview
florrent is a minority-owned, Massachusetts-based company innovating to create the next generation of high energy density ultracapacitors from hemp biomass grown regeneratively by BIPOC farmers. florrent ultracapacitors will stabilize electrical grids and address critical bottlenecks for the adoption of renewable energies, electric vehicles, and electric buildings.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jose LaSalle
Co-Founder
Joe Hastry
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