Tech Company Financing Transactions
HeavyFinance Funding Round
On 3/24/2023, HeavyFinance secured $3.2 million in Seed funding from Practica Capital.
Transaction Overview
Company Name
Announced On
3/24/2023
Transaction Type
Venture Equity
Amount
$3,235,000
Round
Seed
Investors
Practica Capital (Lead Investor) (Arvydas Blo�e)
Proceeds Purpose
The company will use the funds to fuel an expansion and double its head count.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
A. Mickeviciaus g. 5-101
Vilnius, 08119
LT
Vilnius, 08119
LT
Phone
Undisclosed
Website
Email Address
Overview
Growing food for the planet is becoming a global issue. In fact, almost a third of global greenhouse emissions come from agricultural products. HeavyFinance aspires to be a part of the solution to this issue. Climate tech startup HeavyFinance sets a mission to remove 1 gigaton of CO2 emissions by 2050. The company's fintech solutions combined with the carbon credit program help farmers store CO2 in the soil. Connecting farmers with investors, the company facilitates the adoption of regenerative soil management practices like no-till farming. HeavyFinance invites all types of investors, including retail, family office, corporate, and institutional, to join our impact investment marketplace.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Laimonas Noreika
Chief Financial Officer
Andrius Liukaitis
Chief Operating Officer
Panpim Boonchuay
Co-Founder
Darius Verseckas
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