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The residential geothermal company Dandelion has raised another $4.5 million and added energy tech entrepreneur Daniel Yates as an executive board member and investor.

Big picture: New York-based Dandelion — which spun out of Alphabet's R&D arm last year — said the new round brings total funding to $6.5 million. Yates, the former CEO and co-founder of Opower that provides energy efficiency software to utilities, will bring experience in scaling an energy tech startup into something much larger.

One level deeper: The company is marketing geothermal heating and cooling to displace electric and fossil fuel-based systems, including propane and fuel oil common in the northeast.

  • The company has around 70 contracts signed, and dozens of those systems have already been installed, a spokeswoman said.

Who the players are: Dandelion said the venture firm New Enterprise Associates led the funding round, while other new backers are Yates and the firms BoxGroup and Ground up. Existing backers Borealis Ventures, Collaborative Fund, and ZhenFund took part too.

More: Geothermal startup lands two solar vets for top roles.

Geothermal energy startup spins off of Alphabet's research arm.

Go deeper

New York AG finds Cuomo sexually harassed women, violated state and federal law

Photo: Spencer Platt/Getty Images

An independent investigation found that New York Gov. Andrew Cuomo sexually harassed multiple women, including employees in his office, in violation of state and federal law, New York Attorney General Letitia James announced Tuesday.

Why it matters: Cuomo, who has denied wrongdoing and urged critics to wait for the results of the independent inquiry, will now face renewed pressure to resign. He must also determine whether he will continue his 2022 re-election campaign.

3 hours ago - Health

New York City to require vaccination proof for indoor activities

New York City will require proof of vaccination to participate in indoor activities, including visiting gyms and restaurants, Mayor Bill de Blasio announced Tuesday.

Why it matters: The mandate is the first of its kind for a major U.S. city, according to de Blasio. France and Italy announced similar requirements last month.

Updated 3 hours ago - Economy & Business

Exclusive: Facebook's first-ever paid movie premiere

Illustration: Aïda Amer/Axios

For the first time ever, a film distributor will use Facebook to debut a movie exclusively via a ticketed live event, executives tell Axios.

Driving the news: "The Outsider," a controversial documentary about the construction of the 9/11 Museum in Manhattan, will premiere publicly on Facebook for $3.99 on Aug. 19.