Tech Company Financing Transactions
Vema Hydrogen Funding Round
Vema Hydrogen, based in Wilmington, raised $13 million from Extantia Capital, Propeller and Grantham Foundation.
Transaction Overview
Company Name
Announced On
2/18/2025
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Seed
Investors
Extantia Capital (Lead Investor)
Propeller (Lead Investor)
Proceeds Purpose
The company intends to use the funds for the development of the first clusters of full-scale SGH pilot wells in North America.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
251 Little Falls
Wilmington, DE 19808
USA
Wilmington, DE 19808
USA
Phone
Undisclosed
Website
Email Address
Overview
Vema Hydrogen is developing Stimulated Geologic Hydrogen to tackle the huge decarbonisation problem by providing 1000's of years of economic, environmentally-friendly and predictable energy.
Management Team
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We do our best to document all VC transactions involving tech companies. VC transactions on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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