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New Deal


Announced

Completed

2150 led a $30m Series A round in Kelvin.

Synopsis

2150, a climate-focused venture capital firm, led a $30m Series A round in Kelvin, a pioneer in intelligent, decarbonized HVAC solutions for legacy buildings, with participation from the Schmidt Family Foundation, and the Partnership Fund for NYC. "Our new identity as Kelvin symbolizes the next phase of our broader mission: to provide energy-efficient temperature control that benefits building owners, tenants, and the larger communities they serve. With this new capital, we're excited to expand our team and platform, helping more buildings in more cities meet electrification goals while reducing operating costs," Dr. Marshall Cox, Kelvin CEO and Co-Founder.

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