GlassPoint

About GlassPoint

GlassPoint is a company focused on harnessing solar energy to produce steam for industrial use, helping industry leaders reduce carbon emissions at a low cost. Their mission is to provide sustainable, emission-free steam solutions using innovative enclosed trough technology, especially for remote and harsh environments.

Products & Services

Enclosed Trough Technology:A solar steam generation system designed for industrial users, offering low-cost steam production with high energy density, easy integration with existing facilities, and suitability for harsh environments.

Long Term Steam Supply Agreements:GlassPoint provides steam through long-term agreements, reducing the financial impact of decarbonization and protecting against volatile fuel prices.

Molten Salt Storage Technology:Enables day-and-night steam delivery using proven thermal storage solutions for continuous operation.

Specialties

Solar Steam Production Enclosed Trough Technology Industrial Decarbonization Thermal Storage Solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Venture Capital T: - FT: Venture Capital	A: 20000000 MR: - FA: $20M FAN: 20000000	D: 2026-01-26 FD: 2026-01-26	2 investors
2	RT: Series A T: - FT: Series A	A: 8000000 MR: - FA: 8M FAN: 8000000	D: 2023-07-31 FD: 2023-07-31	3 investors

Venture Capital Latest

2026-01-26

$20.0M

2 investors (Pro only)

Series A 2023-07-31

$8.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

R

Rod MacGregor

President & CEO

R

Randy Palombi

Chief Commercial Officer, Americas

J

Jacob Drejer

Chief Commercial Officer, EMEA

D

David Tickner

Chief Operating Officer

M

Markus Balz

Chief Technology Officer

B

Bob Worthington

Chief Financial Officer

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Recent News

GlassPoint Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised