Tech Company Financing Transactions
Atlas Materials Funding Round
Atlas Materials, based in Claymont, raised $27 million in funding from Grantham Foundation and Voyager Ventures.
Transaction Overview
Company Name
Announced On
9/29/2023
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series A
Investors
Proceeds Purpose
Atlas Materials intends to initiate commercial-scale production by 2027 at one of three potential sites in Canada or the U.S., targeting an annual nickel output of 1,800 metric tons, as CEO Jeremy Ley informed Reuters.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
2093 Philadelphia Pike 5860
Claymont, DE 19703
USA
Claymont, DE 19703
USA
Phone
Undisclosed
Website
Email Address
Overview
Provider of carbon cost-effective services intended to find scalable ways to permanently remove carbon. The company engages in a multi-step enhanced weathering process that separates high-value materials from mafic rocks, making materials climate-positive, vital building blocks of the energy transition while capturing co2 from the atmosphere, enabling businesses to create a reliable source of employment in clean manufacturing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeremy Ley
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