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New cash for geothermal startup with Google ties

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.