Climate Impact Capital Leads Pre-Series A Round for 60Hertz

Climate Impact Capital LLC led the closing of a Pre-Series A round of $1.3 million to 60Hertz, a women-owned small business. Piper Foster Wilder launched the company in 2017 and since then, the team has deployed its maintenance software into intermittent bandwidth off-grid locations in Alaska and Africa. This financing will accelerate the company’s growth in North American and Sub-Saharan African markets.

The need for efficient, resilient and sustainable microgrid infrastructure is critical to boosting economic growth. Microgrids are rapidly expanding from rural markets that 60Hertz currently serves to become key elements of international grid management.

“Maintenance is a critical element of ensuring grid resiliency, as we saw during the near-collapse of the Texas ERCOT grid early in 2021,” said Alex Rozenfeld, the founder of Climate Impact Capital. “Microgrids will become an increasingly important part of the mainstream grid in the coming decades as we see more climate change-driven mega weather events and 60Hertz will be part of the suite of solutions needed in that future.”

60Hertz enables customers to improve the asset performance and overall lifespan of existing power generation facilities, in addition to speeding the transition of microgrids to resilient and renewable power generation sources. 60Hertz facilitates maintenance on more than $140 million in microgrid assets with more than 4,600 maintenance records filed per month through the platform.

“The clean energy revolution is happening everywhere, not just in the cities and suburbs,” said John Harper from Clean Energy Venture Group, another 60Hertz investor. “Rural and remote power generation assets have a critical role in transitioning to a cleaner and more resilient future. 60Hertz’s CMMS is an essential tool in this effort.”