Tech Company Financing Transactions
Neustark Funding Round
Decarbonization Partners, Ace Ventures and Blume Equity participated in a $69 million venture round for Neustark. The funding round was announced by the company on 6/25/2024.
Transaction Overview
Company Name
Announced On
6/25/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$69,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Freiburgstrasse 251
Bern, 3018
Switzerland
Bern, 3018
Switzerland
Phone
Undisclosed
Website
Email Address
Overview
Limiting global warming to 1.5°C implies reaching net zero CO2 emissions in 2050 according to the IPCC. Next to substantially reducing emissions, this target will only be possible by globally deploying carbon removal solutions at the scale of billions of tons of CO2. Neustark is a leading provider in this rapidly growing field, having developed a solution to permanently store CO2 from the air in recycled mineral waste such as demolished concrete.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 6/25/2024: Heyday Health venture capital transaction
Next: 6/25/2024: SkyCell venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs