Moving Away From Traditional Forms Of Energy Use, Dandelion Energy Is Raising Funds For Smarter Home Heating And Cooling Solutions
An energy startup, Dandelion Energy, is raising funding for a geothermal solution to heat or cool houses. Lennar Corporation is one of the investors as are Collaborative Fund and Zhenfund. Its waitlist has over a thousand homeowners, across the US, where millions use fossil fuels to heat their houses. The company is giving the users an option to move away from traditional forms of energy-making which have both a severe financial and environmental impact.
Dandelion’s product claims to halve your energy bill while being more environmentally friendly as well. Since the company works on a smaller scale, its installation is also swift and efficient. Lennar Homes is investing to build smart homes by using good connectivity and alternative energy sources right from the start.
Comcast being one investor in Dandelion also speaks a lot. The company is acquiring businesses in the connected home market as it works towards creating its own offerings. It makes a lot of sense for Dandelion to provide energy to devices that are connected to a centralized internet. The device has over 60 sensors and alerts the homeowner in case of an issue.
Dandelion may be tapping geothermal energy but its pump uses electricity and sensors to monitor and moderate its performance.
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