LOCI
LOCI is a technology company.
Financial History
LOCI has raised $11.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has LOCI raised?
LOCI has raised $11.0M in total across 2 funding rounds.
LOCI is a technology company.
LOCI has raised $11.0M across 2 funding rounds.
LOCI has raised $11.0M in total across 2 funding rounds.
LOCI has raised $11.0M in total across 2 funding rounds.
LOCI's investors include Angelic Ventures, Index Ventures, Lytical Ventures, Soma Capital, Andrew Mullinger, Cristóbal Conde, Lowercarbon Capital.
LoCI Controls is a technology company specializing in real-time monitoring and control systems for landfills, delivering actionable insights to boost methane capture and slash emissions.[1] Founded in 2012 by MIT graduate students, it combines on-site IoT measurement devices with cloud-based software to automate gas collection, serving landfill operators across 26 U.S. states and optimizing processes for higher ROI through renewable natural gas and electricity generation.[1][3] Led by CEO and Chairman Peter Quigley, LoCI addresses climate challenges with a low-cost, high-impact solution that enhances methane management without requiring land use.[1]
The company tackles the problem of inefficient landfill gas collection, where traditional manual adjustments occur monthly, by enabling near real-time monitoring of gas quality, flow, and safety via over 6,500 IoT devices.[3] It serves landfill owners and operators, providing dashboards, automated controls, and SMS alerts for continuous oversight, which drives growth through partnerships like Verizon's IoT platform for scalable device management.[3]
LoCI Controls emerged in 2012 from MIT graduate students passionate about data-driven environmental solutions, starting with the insight that landfills lacked real-time data on gas dynamics.[1][3] Co-founder Melinda Sims, a mechanical engineer, was drawn to the challenge of building systems to monitor and control methane flows, transforming opaque operations into data-rich processes.[3] Early development focused on proprietary algorithms and on-site devices paired with cloud software, leading to pivotal traction as deployments expanded nationwide.[1]
Under CEO Peter Quigley, a veteran in disruptive energy tech, the company evolved from a student project to a leader in landfill automation, with projects now spanning 26 states and leveraging IoT for remote scalability.[1][3]
LoCI rides the methane mitigation trend in climate tech, targeting landfills—a major source of potent greenhouse gases amid global net-zero pushes.[1] Timing aligns with rising regulatory pressures like EPA methane rules and demand for renewable natural gas, amplified by IoT advancements for remote industrial monitoring.[3] Market forces favor LoCI through energy transition incentives and landfill operators' need for revenue from captured gas, influencing the ecosystem by scaling emission reductions and proving IoT's viability in cleantech.[1][3]
LoCI is primed to expand beyond U.S. landfills into international markets and adjacent waste sectors, fueled by IoT evolution and carbon credit opportunities.[1][3] Trends like AI-enhanced predictive controls and stricter emissions mandates will accelerate adoption, potentially evolving LoCI into a full-spectrum platform for industrial gas management. As methane capture ROI grows, LoCI's real-time edge cements its role in slowing global warming while delivering scalable cleantech returns—transforming yesterday's waste sites into tomorrow's energy assets.[1]
LOCI has raised $11.0M across 2 funding rounds. Most recently, it raised $6.0M Seed in April 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2023 | $6.0M Seed | Angelic Ventures, Index Ventures, Lytical Ventures, Soma Capital, Andrew Mullinger, Cristóbal Conde | |
| Oct 1, 2022 | $5.0M Seed | Lowercarbon Capital |