Tech Company Financing Transactions
M2X Energy Funding Round
M2X Energy closed a $40 million Series B financing round on 6/20/2024. Investors included Autodesk Foundation, Breakthrough Energy Ventures and Eni Next.
Transaction Overview
Company Name
Announced On
6/20/2024
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to accelerate the in-house manufacturing and deployment of its first commercial fleet of low-carbon methanol production systems.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
1215 Admiralty Blvd.
Rockledge, FL 32955
USA
Rockledge, FL 32955
USA
Phone
Undisclosed
Website
Email Address
Overview
M2X Energy is a venture-funded company established by Breakthrough Energy Ventures in 2020. M2X is an end-to-end developer of modular, transportable gas-to-liquids system to economically produce low carbon methanol from stranded methane. M2X's low carbon methanol can serve as a fuel for the marine sector, as a chemical feedstock, as a precursor to SAF and biodiesel, and as a hydrogen carrier.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Josh Browne
Chief Operating Officer
Anthony Dean
Chief Scientific Officer
Paul Yelvington
VP - Bus. Development
Louise Hannecart
VP - Engineering
Andrew Randolph
VP - Finance
Greg Murphy
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Where The Data Comes From
We document all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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