Aquicore (TechBUZZ ’13 Fall) Grows with $3.1M Investment
Washington, D.C.-based energy analytics and management startup Aquicore has raised $3.1 million in seed funding led by D.C. tech incubator 1776. Aquicore is one of the first rounds of startups funded by 1776’s new $12.5 million seed fund. Salesforce founder Marc Benioff and Efficient Capacity LLC also joined the round.
“We started talking to 1776 while we were in the middle of our fundraising efforts,” said Aquicore CEO Logan Soya. “It seemed to be a good fit with 1776 from a timing perspective.”
Aquicore was a portfolio company for the Crystal Tech Fund acquired by 1776 earlier this summer. The company, and its plans for a funding round, meshed with 1776’s own plans.