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

6 mins ago - Health

Florida reports another daily record for coronavirus deaths

Nurse practitioner Barbara Corral and a research assistant conduct a COVID-19 vaccination study on August 7 in Hollywood, Florida. Photo: Joe Raedle/Getty Images

Florida's health department on Tuesday reported 276 new coronavirus deaths, surpassing the state's record from July 31.

The big picture: The state also recorded over 5,800 new cases — on the low side for a state that is one of the domestic epicenters for the virus.

Updated 44 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 11:30 a.m. ET: 20,126,452 — Total deaths: 737,285 — Total recoveries: 12,380,410Map.
  2. U.S.: Total confirmed cases as of 11:30 a.m. ET: 5,098,452 — Total deaths: 163,533 — Total recoveries: 1,670,755 — Total tests: 62,513,174Map.
  3. States: State testing plans fall short of demand — National Governors Association's bipartisan leaders express concern over Trump's unemployment order.
  4. Axios-Ipsos poll: 1 in 2 has a personal connection to COVID-19.
  5. Business: Moderna reveals it may not hold patent rights for vaccine.
  6. World: New Zealand reports first local cases for 102 days — Why you should be skeptical of Russia's vaccine claims.

Exclusive: Facebook cracks down on political content disguised as local news

Illustration: Eniola Odetunde/Axios

Facebook is rolling out a new policy that will prevent U.S. news publishers with "direct, meaningful ties" to political groups from claiming the news exemption within its political ads authorization process, executives tell Axios.

Why it matters: Since the 2016 election, reporters and researchers have uncovered over 1,200 instances in which political groups use websites disguised as local news outlets to push their point of view to Americans.