Artyc

Logistics

Performance

Decarbonizing the cold chain with refrigerant-free, reusable, active cooling containers that increase temperature precision, visibility, and flexibility. Artyc’s smart containers are paired with a companion mobile app + platform for tracking logistics, performance, and analytics, a much needed step up solution for the combined trillion dollar healthcare, life sciences, and premium food cold chain industries.

Memo Highlights

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Highlights

Full memo hidden as the round has closed

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Traction

$500K pipeline in pilots, contracts, or LOI’s with top tier life science distributors

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Team

Hannah Sieber (CEO), prior founder and Founder & COO of EcoFlow which raised $100M+ from Sequoia; Hannah is also a Stanford GSB grad.

Mark Langer (CTO), a Carnegie Mellon alum, former CTOof Amelia, and ex-NASA software engineer

Chris White (VP Operations) prior Head of Operations and Engineering at Deep Green Solar

‍Max Reinertsen (Head of BizDev and Growth) also a Carnegie Mellon alum, and former IBM Sustainability Manager.

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Terms

$10M Series A on a $35M pre-money valuation

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Investors

Lower Carbon Capital (Loam Bio, Living Carbon), Collaborative Fund (Lyft, Angellist, Coinbase), SOSV + HAX (Riot Games, Getaround), MCJ Collection

Round

$10M Series A on a $35M pre-money valuation

Investors

Lower Carbon Capital, Collaborative Fund, SOSV + HAX‍, MCJ Collection

Date

May 2023

Questions

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Memo

Full memo hidden as the round has closed

‍

Traction

$500K pipeline in pilots, contracts, or LOI’s with top tier life science distributors

‍

Team

Hannah Sieber (CEO), prior founder and Founder & COO of EcoFlow which raised $100M+ from Sequoia; Hannah is also a Stanford GSB grad.

Mark Langer (CTO), a Carnegie Mellon alum, former CTOof Amelia, and ex-NASA software engineer

Chris White (VP Operations) prior Head of Operations and Engineering at Deep Green Solar

‍Max Reinertsen (Head of BizDev and Growth) also a Carnegie Mellon alum, and former IBM Sustainability Manager.

‍

Terms

$10M Series A on a $35M pre-money valuation

‍

Investors

Lower Carbon Capital (Loam Bio, Living Carbon), Collaborative Fund (Lyft, Angellist, Coinbase), SOSV + HAX (Riot Games, Getaround), MCJ Collection

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