Fundraising Fox

GlassPoint

New York, US · Founded 2021 · Delaware corporation · 1 known investors

GlassPoint provides solar thermal systems that generate industrial process steam on-site for manufacturers and industrial operators in sunny regions, offered through a Steam-as-a-Service model where it designs, builds, owns, and operates the equipment. Its enclosed trough technology delivers continuous decarbonized steam that reduces fuel use and carbon emissions while integrating with existing fossil-fired systems.</parameter> <parameter name="sector_codes">["cleantech", "energy", "climate"]

Founders & leadership

GlassPoint was founded in 2021 by Rod MacGregor.

RMRod MacGregor
Rod MacGregorinFounderRod MacGregor is the CEO and founder of GlassPoint, a solar thermal systems company providing Steam-as-a-Service for industrial process heat. He has previously founded five venture-backed companies, including one that went public on NASDAQ, and has raised hundreds of millions of dollars from venture capital and sovereign wealth funds.
JDJacob Drejer
Jacob DrejerinExecutive
DT
David TicknerExecutive
MB
Marcus BalzExecutive
RWRobert Worthington
Robert WorthingtoninExecutive

Board

HD
Henri de BokayBoard director
BM
Bart MarkusBoard director
AW
Andrea WuttkeBoard director
RMRichard MacKellar
Richard MacKellarinBoard MemberManaging Partner at Chrysalix

Investors · 1

ChrysalixreportedDelft · $36.5K – $2.9Mvia Richard Mackellar · board

Funding

SEC filings, press & company announcements

$22.7M disclosed across 2 of 3 rounds · 2023–2026

▶$2.7MraisedJul 2024 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Henri de BokayDirector
  • Jacob DrejerExecutive Officer
  • David TicknerExecutive Officer
  • Bart MarkusDirector
  • Marcus BalzExecutive Officer
  • Andrea WuttkeDirector
  • Rod MacGregorExecutive Officer, Director, Promoter
  • Robert WorthingtonExecutive Officer
  • Richard MacKellarDirector
Offering amount
$3.7M
Amount sold
$2.7M
First sale
Jul 2024
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through GlassPoint went on to found or lead other companies.

Richard MackellarDirectorFounded Celerity Craft Inc.Rod MacGregorExecutive Officer, Director, PromoterFounded GlassPoint Solar

In the news

GlassPoint is back, and armed with global expansion plans | Latitude Medialatitudemedia.com · Mar 2026Funding and M&A Roundup: GlassPoint Secures $20 Million in Funding - Mercom Capital Groupmercomcapital.com · Jan 2026GlassPoint Raises $20 Million to Decarbonize Industrial Heat with Solar Tech - ESG Todayesgtoday.com · Jan 2026GlassPoint Closes $20M Funding Round to Fuel Global Expansion of Solar Industrial Process Heatfinance.yahoo.com · Jan 2026Solar steam company GlassPoint raises funds for expansion | Solar Power News | Renewables Nowrenewablesnow.com · Aug 2023GlassPoint Closes $8M Series A Fundingfinsmes.com · Jul 2023

Frequently asked questions

What does GlassPoint do?
GlassPoint provides solar thermal systems that generate industrial process steam on-site for manufacturers and industrial operators in sunny regions, offered through a Steam-as-a-Service model where it designs, builds, owns, and operates the equipment. Its enclosed trough technology delivers continuous decarbonized steam that reduces fuel use and carbon emissions while integrating with existing fossil-fired systems.</parameter> <parameter name="sector_codes">["cleantech", "energy", "climate"]
Who founded GlassPoint?
GlassPoint was founded by Rod MacGregor in 2021.
Who are GlassPoint's investors?
GlassPoint's investors include Chrysalix.
How much funding has GlassPoint raised?
GlassPoint has disclosed $22.7M raised across 2 of its 3 known rounds.
Where is GlassPoint headquartered?
GlassPoint is headquartered in New York, US.