Tech Company Financing Transactions
STAX Engineering Funding Round
STAX Engineering, operating out of Long Beach, secured $70 million from Deutsche Bank and Firstime Ventures.
Transaction Overview
Company Name
Announced On
2/26/2025
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its growth, scaling the deployment of its emissions capture and control technology while advancing carbon capture initiatives.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
65 Pine Avenue Pmb 943
Long Beach, CA 90802
USA
Long Beach, CA 90802
USA
Phone
Website
Email Address
Overview
STAX Engineering offers emissions capture and control that makes critical industry tools eco-friendly, bridging the gap between the present and a clean-air future. We build cost-effective and versatile systems that support the longevity of existing assets and facilities without modification.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Walker
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