The SWAN Impact Network made its initial investment in Skyven Technology in 2019, and is pleased to also participate in the company’s recent $4 million institutional seed funding round. The round was oversubscribed and was led by VoLo Earth Ventures, along with Global Founders Capital and the SWAN Impact Network. Skyven also received California Energy Commission grant awards which brought its new capital total to $6.5 million.
Skyven is based in Richardson, Texas. Their energy services fund and de-risk capital projects that reduce carbon emissions and protect our communities. The process takes a holistic view of the entire plant’s energy balance and flows to bring to life attractive, low-risk opportunities that deliver a strong ROI. Skyven participates as a thermal energy partner, they help companies focus all their resources on what they do best.
Skyven is solving this problem with an innovative business model that allows us to implement decarbonization measures with zero CapEx and savings from day one. The model is enabled by proprietary cloud-based software, which allows Skyven to measure and verify customers’ savings in real-time.