Boston, Massachusetts, United States
Team size: 11 - 50
Founders: Adam Wallen
Founded date: 2019
Company revenue: US$ 10 - 50 million
Investors: Breakthrough Energy Ventures, Congruent Ventures, The Engine
Company stage: Series A
VEIR is developing a new generation of High Temperature Superconductor (HTS)-based transmission lines. VEIR’s evaporative cooling architecture delivers 20 times the cooling power per kilogram of coolant flow compared to conventional approaches. VEIR’s innovations will enable reliable, low loss, cost–effective HTS-based transmission over long distances in narrow rights–of–way, connecting the lowest cost renewable power to where it’s needed, when it’s needed.