Posted March 11, 2021
USM Maryland Momentum Fund Invests $250,000 in Dynamhex
Baltimore, Md. (March 11, 2021)– The University System of Maryland (USM) Momentum Fund (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 Intelis Capital, the Exelon Climate Change Investment Initiative, the Chesapeake Bay Seed Capital Fund, and KCRise Fund.
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.
Read the full release from the University System of Maryland.