First Star Ventures

Venture Capital: Bedrock Energy Lands $8.5M For Its Geothermal Energy Solution Aimed At Commercial Buildings

Bedrock Energy, a tech startup specializing in geothermal heating and cooling systems, has secured $8.5 million in seed capital. This funding round, led by Wireframe Ventures and featuring participation from various investors including Overture Climate VC, Long Journey Ventures, and Climate Capital, is set to accelerate the manufacturing and deployment of innovative technologies. These advancements aim to enhance the economic viability of all-electric geothermal HVAC systems, ultimately contributing to Net Zero operations for real estate properties.

Venture Capital: Fyto, Which Grows Unique Aquatic Plants For Dairy Feed, Raises $15M

Fyto, a sustainable foodtech startup headquartered in the San Francisco Bay Area, has developed hardware and software systems for the sustainable production of “superplants,” or highly nutritious aquatic plants that can be grown and harvested round the year. Fyto announced Thursday its $15 million Series A raise led by GV (formerly Google Ventures), with existing investors AgFunder, Refactor Capital, First Star Ventures, and Bolt also participating in the funding.