Plum Alley Announces $1.5M Syndicate Investment in Aclima as part of $24M Series A

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Plum Alley is giving new investors, especially women, a role in creating the future they want.

"The investors in the Plum Alley syndicate represent more than financial support -- they represent an incredible network of domain experts and leaders across corporate America and the world, committed to creating the future we need."

“Today is an important day for women in STEM and new investors in high tech who have directed their investment dollars to an early-stage technology company which provides what we need to improve air quality on a global scale. Plum Alley’s syndicate invested $1.5 million in Aclima, giving new investors –– especially women investors a role in creating the future they want,” stated Deborah Jackson, Founder and CEO of Plum Alley.

Aclima was founded by a visionary entrepreneur, Davida Herzl who understands how to apply several technology innovations to bring about superior solutions. Through years of research and development, Aclima invented a scalable air quality platform with proprietary leading-edge sensor technology, enterprise software and machine learning which generates high-resolution and localized information identifying emissions across pollutants –– from CO2 and methane to particulate matter. With real-time and accurate information on a local basis, we can harness this environmental intelligence to address the devastating effects of air pollution for humans and the planet.

Plum Alley is an early-stage company itself and fills the void of access for many to invest in the most important innovations of our time. One of the Plum Alley members who invested in Aclima had this to say: “I have long wanted to use my expertise and financial resources to invest in early stage companies that provide the potential for financial return, while addressing issues that are important to me. Investing with Plum Alley in Aclima gives me that opportunity.” Rebecca Craft, former Con Edison executive and Plum Alley investor.

Plum Alley was introduced to Aclima by several committed women investors who saw Davida’s vision and the potential in Aclima. Fast forward to today, and the announcement this week that Aclima raised $24 million to scale its stationary and fleet-based mapping of hyperlocal air pollution and emissions in cities. Social Capital led the Series A round with participation from other noteworthy investors, like Radicle Capital. Plum Alley invested $1.5 million in the Series A round with 80% of that amount coming from women investors who would not have had the access or opportunity otherwise to invest. The Plum Alley syndicate is comprised of both women and men who bring value beyond their money, by nature of their positions as Directors of public company boards, as corporate executives, or non-profit board members.

Davida Herzl had this to say about Plum Alley investing in her company: “I selected my investors based on their belief in Aclima’s mission and their capacity to help us achieve it. The investors in the Plum Alley syndicate represent more than financial support –– they represent an incredible network of domain experts and leaders across corporate America and the world, committed to creating the future we need.”

In addition to introductions, Plum Alley CEO Deborah Jackson invited Davida to participate in Talks at GS at Goldman Sachs for a broadcast interview to discuss Aclima’s funding and how to advance female entrepreneurs. See the full talk here.

There is much to be optimistic about here –– Aclima and its promise to improve air quality and combat climate change, tapping the relationships and talent of new investors especially women, and having Davida as a role model to inspire women entrepreneurs and all entrepreneurs with different backgrounds.

About Plum Alley:
Plum Alley brings its members direct investment opportunities in companies with technology or medical advancements. Members of Plum Alley also attend private sessions called InsideView™ on new innovations so that they are “future literate” in their professions, lives and investing strategy. The syndicate investment in Aclima brings the amount invested by Plum Alley syndicates to nearly $10 million in the last two years demonstrating the unmet market potential of women investors. Other Plum Alley syndicate investments are in the areas of bone creation from stem cells, a widely adopted tech-enabled platform for teachers and students to teach critical thinking across many subjects, image recognition in video technology and a digital marketplace for investigators.

For more information about Plum Alley visit https://www.plumalley.co.

For more information about this investment, please contact Josh Smith at josh(at)plumalley(dot)co.

About Aclima:
Aclima Inc. delivers environmental intelligence through sensor networks to improve human and planetary health. We combine leading-edge sensor technology, climate science, enterprise software and machine learning to take the pulse of the invisible world around us. Translating real-time data into actionable insights, Aclima transforms how we understand and manage our communities, cities, and industries. Aclima was recognized as a 2017 World Economic Forum Technology Pioneer, as well as being named one of the prestigious 2018 Global Cleantech 100 companies. Aclima is headquartered in San Francisco, CA. For more information, visit http://www.aclima.io.

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