Tech Company Financing Transactions

Clairity Technology Funding Round

Clairity Technology, based in Los Angeles, received $6.8 million from Initialized Capital, Lowercarbon Capital and private investors.

Transaction Overview

Announced On
2/22/2024
Transaction Type
Venture Equity
Amount
$6,750,000
Round
Seed
Investors

Initialized Capital (Lead Investor)

Lowercarbon Capital (Lead Investor)

Proceeds Purpose
The company intends to use the funds to enable low-cost, scalable technology for carbon dioxide removal.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
12031 Jefferson Boulevard, Culver City
Los Angeles, CA 90230
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Clairity has taken the first steps on its mission and has a multi-year roadmap to remove a billion tons of CO2 from the atmosphere. We are actively building our first pilot plant to capture 100 tons of CO2 per year. We will simultaneously scale and build more Direct Air Capture plants to improve our learning rate and capture increasing amounts of CO2.
Profile
Clairity Technology LinkedIn Company Profile
Social Media
Clairity Technology Company Twitter Account
Company News
Clairity Technology News
Facebook
Clairity Technology on Facebook
YouTube
Clairity Technology on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Glen Meyerowitz
  Glen Meyerowitz LinkedIn Profile  Glen Meyerowitz Twitter Account  Glen Meyerowitz News  Glen Meyerowitz on Facebook
Chief Scientific Officer
Kersh Thevasundaram
  Kersh Thevasundaram LinkedIn Profile  Kersh Thevasundaram Twitter Account  Kersh Thevasundaram News  Kersh Thevasundaram on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/22/2024: BeCause venture capital transaction
Next: 2/22/2024: Firsthand venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

Our team works diligently to report on all VC transactions involving tech companies. All VC database entries on this site are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary