Energy & Sustainability Client Feature — August 2023

Aeroseal Secures $67 Million in Series B Funding

This month, we are excited to feature Aeroseal, a climate-tech company offering a patented and innovative solution that reduces energy leaks in buildings. Aeroseal recently closed a remarkable Series B funding round, securing $67 million in capital. The deal was led by Breakthrough Energy Ventures and Climate Investment, with backing from existing investors and new investors, Beazer Homes and Aramco Ventures.

This funding round reflects investors' confidence in Aeroseal's industry-leading technology and the growing importance of energy-efficient solutions in the construction and building industry. The impact of Aeroseal's technology is already immediate, as studies show that it is 50% more effective at sealing duct leaks than traditional methods,¹ and it can potentially reduce labor time and costs for duct sealing by 70%.²