GlassPoint Funding News – GlassPoint Secures $2.5M Investment from MIG Capital

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Rod MacGregor, CEO and founder of GlassPoint, explained:"I am delighted to welcome MIG Capital as a partner and renowned investor who shares our vision. Collaborating with MIG's experienced team of experts will provide significant momentum for the continued evolution of our business model."

Dr. Søren Hein, Partner at MIG Capital, shared:"Our investment in GlassPoint is a strategic step towards global decarbonisation, particularly in industrial heat, a sector that is crucial yet under addressed in carbon emissions. GlassPoint's innovative technology will have a significant environmental impact and pave the way for a cleaner, more sustainable future."

About GlassPoint

Since 2009, GlassPoint has remained at the forefront of the energy transition helping its customers across the globe decarbonize their operations. GlassPoint designed its enclosed trough technology specifically to address the needs of industrial users, especially those operating in remote and harsh environments. Enclosed trough technology has been deployed at scale in multiple projects in California and the Middle East.