Molekule (company)

Molekule (company)

A technology company making a air purifier using nanotechnology to destroy pollutants.

Molekule, also known as Transformair, is a technology company making a air purifier using nanotechnology to destroy pollutants that is headquartered in San Francisco, California and was founded in 2014 by Dilip Goswami, Jaya Rao, and Yogi Goswami.

Funding

Convertible note

On February 16, 2015 Molekule received a convertible note worth an undisclosed amount of money from Highway1.

Seed

On May 24, 2016 Molekule completed their seed funding round with $3.3 million in funding from Uncork Capital (lead investor), Hone Capital, Hack VC, Crosslink Capital, and CSC Upshot.

Series A

On July 19, 2017 Molekule completed their series A funding round with $10.1 million in funding from Crosslink Capital (lead investor), Uncork Capital, Translink Capital, Hack VC, and Foxconn Technology Group.

Series B

On November 1, 2018 Molekule completed their series B funding round with $25 million in funding from Foundry Group (lead investor), Uncork Capital, and Translink Capital.

Timeline

February 25, 2020

Molekule raises a $58 million in Series C funding round led by RPS Ventures. Other participation in the round included Founder’s Circle Capital and Inventec Appliances Corp (IAC). Existing investors Foundry Group, Crosslink Capital, Uncork Capital and TransLink Capital also participated in the financing.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Molekule series A round
Series A round
10,100,000
July 19, 2017
Crosslink Capital
Molekule series B round
Series B round
25,000,000
November 1, 2018
Foundry Group
Molekule seed round
Seed round
3,300,000
May 24, 2016
Uncork Capital
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Sarah Buhr
February 25, 2020
TechCrunch
Silicon Valley air purifier startup Molekule was born out of an idea Dr. Yogi Goswami had back in the '90s using photo-voltaic technology to kill air pollutants. His son, a young boy at the time, suffered from severe allergies and Dr. Goswami wanted to build something those like him could use in their home to [...]

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