Tech Company Financing Transactions
Terraform Industries Funding Round
On 5/9/2023, Terraform Industries raised $6 million in Seed funding from private investors.
Transaction Overview
Company Name
Announced On
5/9/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
private investors (John Collison)
private investors (Patrick Collison)
Proceeds Purpose
The company will use the funds to solve climate change by making more hydrocarbons.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Undisclosed
Los Angeles, CA Undisclosed
USA
Los Angeles, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Terraform Industries is a bet on cheap solar, synthetic hydrocarbon supremacy, and hyperscale. The overarching goal is to zero out the net transport of carbon from the crust to the atmosphere and oceans as quickly as possible by displacing drilled natural gas production with direct atmospheric processing.
Management Team
Browse more venture capital transactions:
Prev: 5/9/2023: Product Fruits venture capital transaction
Next: 5/9/2023: Stella venture capital transaction
Share this article
Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs