Mike's Founder Journey - April 2023

Funding and Deployments!

Hello Supporters,

Welcome to the April edition of the Fractalytic update. We've had a lot of exciting developments over the last month, including being named Canada's Next Sustainable Changemaker, some additional funding, and our first deployments. 

Funding and Deployments

  • Funding Secured: We secured ~$110,000 in funding (most non-dilutive).

  • We're Canada's Next Sustainable Changemaker: Elevate has named Fractalytic Canada's Next Sustainable Changemaker!

  • Moving 4WARD: We've been accepted to the 4WARD.VC Climate Accelerator - expect a lot of new developments in the coming months.

  • First Installation: We deployed our first project! You can check out our new device here.

Looking to May - Kicking into High(er) Gear

  • Pilot Deployments: With our first deployment in the field, we're looking to do our second this month, with initial case studies to come soon after.

  • Fundraising: We'll have some additional funding coming in the coming months - stay tuned!

  • Customer Development: We're full steam ahead on building for our next iteration, and are accelerating our customer development efforts.

Asks: 

  • Industry Intros: Intros to operational or energy leaders for industrial properties to validate assumptions around our business.

  • Fundraising: Intros to Angels or Pre-Seed VCs, ideally those that aren't hardware shy.

Cheers everyone! 

-Mike

p.s. You can book a meeting with me here

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