💰The Funding Letter #1649: April 15

Mainspring Energy, LiveKit, Parallel Systems, and more...

April 15, 2025

Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Artisan AI & Tailscale below!

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Source: @overheard_sales

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🌎 Americas

Mainspring Energy manufactures linear power generators that use a low-temperature reaction of air and fuel to drive magnets through copper coils to efficiently produce electricity, providing electricity at a lower cost with higher reliability and lower carbon than the electric grid. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $258M, Series F

Round Investors: General Catalyst (lead), DCVC, Temasek Holdings, Amazon

🚀Growth Focus: Expand its linear generator power business and operations as it grows in both manufacturing and customer sales.

HQ: Menlo Park, CA

Industry: Electric Power Generation

Employee Count: 478

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