Tech Company Financing Transactions
Deep Sky Funding Round
On 12/19/2024, Deep Sky raised $40 million in funding from Breakthrough Energy Ventures.
Transaction Overview
Company Name
Announced On
12/19/2024
Transaction Type
Debt
Amount
$40,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to allocate the amount for the construction of Deep Sky Alpha (formerly Deep Sky Labs) and its associated research and testing of direct air capture ("DAC") technologies.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
690 Avenue Hartland
Montreal, Quebec, H2V 1S2
CA
Montreal, Quebec, H2V 1S2
CA
Phone
Undisclosed
Website
Email Address
Overview
Deep Sky is a state-backed venture aiming to remove gigatons of CO2 from the atmosphere at an unprecedented rate. Our belief is that with the right people and resources, we can make a lasting impact.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Fred Lalonde
Chief Executive Officer
Damien Steel
Chief Technical Officer
Joost Ouwerkerk
Co-Founder
Laurence Tosi
Browse more venture capital transactions:
Prev: 12/18/2024: SiteOne Therapeutics venture capital transaction
Next: 12/19/2024: Borealis Biosciences venture capital transaction
Share this article
News on VC Transactions
We do our best to record all VC transactions involving tech companies. All VC database entries reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs