Tech Company Financing Transactions
HeavyFinance Funding Round
On 3/14/2024, HeavyFinance raised $54.4 million in financing from European Investment Fund.
Transaction Overview
Company Name
Announced On
3/14/2024
Transaction Type
Debt
Amount
$54,440,000
Round
Undisclosed
Investors
European Investment Fund (Marjut Falkstedt)
Proceeds Purpose
The fund will provide mid-term debt capital for small and medium-sized agricultural companies to support their efforts to reduce their carbon footprint through greener practices.
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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