Tech Company Financing Transactions
Hyme Energy Funding Round
Heartland, Nordic Makers and North-East Venture participated in a $8.6 million funding round for Hyme Energy. The financing round was announced on 12/1/2023.
Transaction Overview
Company Name
Announced On
12/1/2023
Transaction Type
Venture Equity
Amount
$8,610,000
Round
Undisclosed
Investors
Proceeds Purpose
he financing will be used to reach important milestones in the coming year. Apart from operating the pilot plant currently under construction, the company will focus on maintaining the pace of its technology and product development while getting ready for full market entry.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Titangade 11
Copenhagen, 2200
Denmark
Copenhagen, 2200
Denmark
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Provider of energy storage services intended to improve the integration of sustainable energy in the energy system. The company offers to transform intermittent renewable energy into decarbonization of power and heat generation at a large scale, enabling clients to store electricity in the form of high-temperature heat in molten salt.
Management Team
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We report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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