Bristola, a Des Moines-based clean energy technology and maintenance company, announced last week the successful close of a follow-on equity investment of $1.1 million.
Bristola is a renewable energy technology services company that has a technology that revolutionizes the servicing, cleaning and maintenance in the renewable energy digester industry.
Bristola’s patented technology is known as the Submersible Robotic Cleaning System (SRCS). The SRCS allows the cleaning and inspection of tanks and covered lagoons without disruptions to their operational system.
Bristola will use the additional funding to hire additional staff, file additional patents, and increase deployments of commercial systems to anaerobic digestor operations, owners and project developers nationwide.
The investment follows a successful seed round investment of $400,000 in Q3 2022.
“We are beyond thrilled to close this follow-on investment round in record time with strategic local investors,” said Jared Burma, Bristola CEO in a release. “Our company is poised for explosive growth and this additional funding will allow us to scale rapidly.”
Bristola worked with Jennings Kallen Advisors on the investment.