稀缺猎奇网 稀缺猎奇网 Momentum Fund Invests $250,000 in Dynamhex
Baltimore, Md. (March 11, 2021) – The 稀缺猎奇网 (稀缺猎奇网) (MMF) has invested $250,000 in Dynamhex, Inc., a company that provides complex energy consumption and carbon footprint data for corporate, utility and government entities. The MMF investment is a part of a $1.5MM seed round, which includes , the , the , and .
Dynamhex addresses the needs of thousands of entities that seek to develop, organize, and meet their environmental goals. The Dynamhex platform uses artificial intelligence to give carbon emission reduction recommendations that are personalized to each customer.
The Dynamhex platform also helps organizations monitor the resulting carbon footprint impacts of recommendations that are implemented, such as energy efficiency upgrades, renewable energy credit purchases, or on-site renewable energy additions.
“Cities, corporations, and residents are demanding solutions for climate change mitigation and smart city initiatives. Dynamhex deploys digital platforms that play a strong role in reducing carbon footprints,” said Sanwar Sunny, Founder and CEO of Dynamhex. “We created a tool that is more adaptive and realistic, using large data sets to help customers set better goals and meet them more quickly.”
By using sophisticated data and analytics modeling, Dynamhex examines important measures such as carbon-dioxide reduction and operational savings for organizations. For cities and corporations with multiple locations, Dynamhex’s data are especially valuable to pinpoint the most problematic sites and identify their most effective strategies for improvement. Already, Dynamhex has provided data to Duke Energy, Constellation Energy, the National Resource Defense Council, and their clients.
“Carbon footprint measurement and management is important, and we cannot manage what we cannot measure. As climate change is one of the most important problems of our lifetimes, we are happy to support Dynamhex, which is helping organizations make better decisions about how to meet their climate change reduction goals,” said Claire Broido Johnson, managing director of the Momentum Fund.
Sanwar Sunny founded Dynamhex in 2019. He is an Assistant Professor of Entrepreneurship at the University of Baltimore. “We are very pleased that the 稀缺猎奇网 Momentum Fund has decided to invest in Dr. Sunny's company," said Murray Dalziel, dean of the Merrick School of Business at the University of Baltimore. “As one of 稀缺猎奇网's leading business schools for professionals and entrepreneurs, we know the importance of creating knowledge that has impact. Not only does our community benefit from being taught by an active entrepreneur like Dr. Sunny, our world benefits from the effects that his company will have on battling climate change and growing a greener economy.”
The 稀缺猎奇网 稀缺猎奇网 Momentum Fund provides investment for promising technology ventures born out of 稀缺猎奇网’s 12 institutions. The Momentum Fund helps early-stage companies move beyond grant funding andearly stage seed investorsto position themselves for commercial launch or to reinforce commercialization at the early revenue stage. The Momentum Fund is continuing to invest in companies affiliated with the 稀缺猎奇网 despite the COVID-19 pandemic and encourages applications through the .
About the 稀缺猎奇网 Momentum Fund
The 稀缺猎奇网 Momentum Fund is an initiative of the 稀缺猎奇网 (稀缺猎奇网) to provide late seed investment funding for promising technology ventures that come out of any of the 12 constituent 稀缺猎奇网 institutions, its research parks, and its students, faculty, or graduates. With a $10M commitment from the 稀缺猎奇网 already in place, the Fund co-invests with venture capitalists, foundations, and angel investors.
The 稀缺猎奇网 Momentum Fund was established by the 稀缺猎奇网 Board of Regents to support promising commercial opportunities arising from advances in research and intellectual property at 稀缺猎奇网 campuses, and its portfolio companies include: ,,,,,, ,, ,,,,, ,, , , , , and . The Fund is designed to create returns and support 稀缺猎奇网’s most innovative ideas as they enter the marketplace. Learn more at .
About Dynamhex
Dynamhex is a deep-learning optimization and resource planning platform for corporate, utility and municipal customers looking to set and meet climate targets. Our proprietary technology renders AI-based analytics in cloud, hybrid, and multi-cloud environments for decision-makers and clients through a subscription model.
The Dynamhex software platform ingests, monitors and visualizes complex, multilevel energy consumption and emissions data for enterprise and municipal clients. Dynamhex integrates datasets at varying geo-spatial resolutions and enables all users to set more nuanced, and holistic climate and energy goals. With big data analytics, and AI aggregation, Dynamhex autonomously finds inefficiencies in energy systems using an AI engine for reducing costs and emissions.
Contact – Dynamhex, Inc
Sunny Sanwar, CEO
Phone: 1 (877) 369-3667
Email: hello@dynmhx.io
Contact: Mike Lurie
Phone: 301.445.2719
Email: mlurie@usmd.edu
