United States · 
Who invested in Advanced Thermovoltaic Systems?
Advanced Thermovoltaic Systems's investors include Third Derivative.
2026
$1.4MPre-seed$6.5MRound
United States · Pre-seed startup
Who invested in Advanced Thermovoltaic Systems
Funding summaryUpdated 26 Oct 2026
$7.9Mraised across 2 rounds since 2025, from 3 sources
$1.4MPre-seed$6.5MRound
- Latest round
- Round, $6.5MJul 2026
- Step-upi
- 4.6×
- Investors
- 1
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Pre-seed, $1.4M Jun 2025
- Biggest round
- $6.5M Round · Jul 2026
- Between rounds
- 13 months from the last two
The rounds
- Jul 2026Round$6.5M
No investor was named in the report.
Filed with the SEC (Form D); no report of this raise yet and 1 otherSEC filing: $6.5M sold, first sale Jul 2026
- Jun 2025
Founders and team
From Advanced Thermovoltaic Systems's own website: 1 founder, 6 on the team.
- Doug HudsonChief Executive Officer
- Eric BeynonChief Impact Officer
- Jonathan CandeeChief Revenue Officer
- Terry HillChief Operating Officer
- Kelly AdamsChairman of the Board
- Mike MarleyBoard Member
AdvisersEdward GanjaJeff NygaardSteven HaehnTom Roiniotis
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about Advanced Thermovoltaic Systems
How much has Advanced Thermovoltaic Systems raised?
Advanced Thermovoltaic Systems has raised $7.9M across 2 rounds since 2025.
When did Advanced Thermovoltaic Systems last raise?
Advanced Thermovoltaic Systems's most recent round, $6.5M, was in Jul 2026.
What was Advanced Thermovoltaic Systems's biggest round?
Its most recent round, $6.5M in Jul 2026, is also its largest on record.
Who backed Advanced Thermovoltaic Systems first?
Advanced Thermovoltaic Systems's first round on record, in Jun 2025, was backed by Third Derivative.
What stage is Advanced Thermovoltaic Systems at?
Advanced Thermovoltaic Systems's latest named round is a Pre-seed, in Jun 2025.
Where is Advanced Thermovoltaic Systems based?
Advanced Thermovoltaic Systems is based in the United States.
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