Cumulus Raises $8M in Growth Capital to Make Industrial Facilities Cleaner, Safer, and More Productive
GEC is thrilled to provide Cumulus with the capital it needs to drive rapid growth, said Alexander Chmelev, who is a Partner of GEC and a Director of Cumulus.
- GEC is thrilled to provide Cumulus with the capital it needs to drive rapid growth, said Alexander Chmelev, who is a Partner of GEC and a Director of Cumulus.
- Cumulus Digital Systems connects workers, tools, and data to its cloud-hosted Internet of Tools platform to make industrial facilities safer, cleaner, and more productive.
- GEC is a private equity firm that provides growth capital to clean energy technology companies with proven, patented innovations.
- Shell Ventures co-invests with other corporate investors and venture capital funds in both early-stage and late-stage (growth capital) companies, generally investing $2M-$25M over the life cycle of the deal.