Tynt Technologies Closes 2023 with Successful Seed Round, Partnerships, and Growth

Last year's milestones across fundraising, partnerships, technology, and leadership fuel Tynt Technologies' early traction from all corners of the window industry

BOULDER, Colo., Jan. 25, 2024 /PRNewswire-PRWeb/ -- Tynt Technologies, Inc., the developer of the first-ever blackout dynamic ultra-energy-efficient window, enters 2024 on the heels of a year full of significant growth underscored by a successful seed round, world-class partnerships, breakthrough technology developments, and leadership additions.

After creating and validating the unprecedented full-blackout dynamic window with Tynt's patented Reversible Metal Electrodeposition (RME) technology last year, the company is poised to introduce homeowners and homebuilders to dynamic windows and to be a key player in the future of the smart home.

Despite massive smart home advancements, windows are one of few technologies that have remained largely unchanged in the last 100 years. Previous "dynamic" windows haven't been able to achieve neutral color, a privacy dark state, or reasonable cost ? in 2023, Tynt publicly proved their window technology accomplishes all three. Showcased at the NREL Industry Growth Forum, this was the first time a full blackout dynamic window has been shown. In addition, even the highest-performing windows have an outdated and unattractive aesthetic. Tynt has successfully achieved a new standard in both function and form.

"Last year was a serious turning point for Tynt Technologies," said Ameen K. Saafir, CEO and co-founder of Tynt. "We're entering 2024 with the best technology and the strongest team in the dynamic window space. We successfully developed and delivered in just three years what other companies have attempted for three decades. It's going to be a game-changer for the smart home, and we're thrilled to share just a sample of the exciting milestones achieved last year."

Of note, Tynt validated the durability and scalability of their technology last year with its most recent funding. In 2023, Tynt closed a $7.1 million Seed II led by KOMPAS. This capital paved the way to lock in partnerships with window industry leaders, improve and evolve the technology, and grow the team.

"Tynt is developing the next generation of smart windows," shared Sebastian Peck, Founding Partner of KOMPAS. "The company's reversible electrodeposition technology offers superior switching performance from fully transparent to blackout at a highly competitive price point. Smart windows are an incredibly important part of the puzzle to reduce emissions in the built environment. As an investor focused on decarbonization, we are incredibly excited to back Tynt."

In the last year alone, Tynt established strategic partnerships with four leading multi-billion dollar residential window companies. These key alliances and integrations accelerated Tynt's market availability, introducing the technology to a wider audience, including residential, skylight, and commercial installations across North America and Europe.

The company also announced a number of additions to its core and extended teams. Tynt proudly welcomed Chris Collier as an independent director. His extensive experience from his recent tenure as CFO at Flex will bring invaluable strategic guidance to Tynt's growth and innovation in the coming years. Today, Tynt's full board consists of Ameen K. Saafir, Michael McGehee, Sebastian Peck, Johanna Wolfson, and Chris Collier.

Tyler Hernandez, co-founder of Tynt, was promoted to Chief Technology Officer. As one of the original inventors of the RME technology developed at Stanford, Hernandez led the development of Tynt's durable dynamic window system, with a projected cost of less than $10 per square foot, which will enable mass market adoption of dynamic windows for the first time. This innovation was recognized in the Forbes 30 Under 30 Class of 2023.

Tynt also added Crystal Petersen as VP of Business Development. She brings 25 years of experience selling vital products to America's top homebuilders, as well as product-specific experience in the dynamic windows market as former Director of West Coast Sales at Halio.

"This is an incredibly exciting time to join Tynt Technologies," said Crystal Petersen, VP of Business Development. "After successfully demonstrating their product fit and further validating their technology in the past year, I am enthusiastic about championing the Tynt team in cultivating the essential relationships in bringing their unique and dynamic window technology to market."

To learn more about Tynt Technologies, please visit https://tynt.io/.

About Tynt Technologies

Tynt is a new way to experience natural light at home. Our integrated window technology enables homeowners to dynamically control privacy, comfort, and energy efficiency.

Our patented technology lets homeowners quickly adjust visible light from crystal clear all the way to our exclusive blackout and any state in between. It's a smooth, elegant transition, like clouds gliding past the sun ? just as Mother Nature intended.

Thanks to a novel materials breakthrough, our windows are beautiful and more energy-efficient than even the highest-rated windows available today. They can be programmed to fit any lifestyle, whether an individual is optimizing for comfort, privacy, or energy efficiency. The ideal setting is seconds away.

We work with Window OEMs, residential builders, contractors, and architects to bring the most advanced and climate-friendly windows into homes across the country. To learn more and experience the Tynt difference, please visit https://www.tynt.io/.

Media Contact

Cameron Gordon, https://www.tynt.io/, 4105049380, [email protected]

SOURCE Tynt Technologies