Tech Company Financing Transactions
ArkeaBio Funding Round
On 12/12/2022, ArkeaBio received $12 million in Seed funding from Breakthrough Energy Ventures.
Transaction Overview
Company Name
Announced On
12/12/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Seed
Investors
Breakthrough Energy Ventures (Lead Investor) (Chris Rivest)
Proceeds Purpose
These funds, and the ArkeaBio partnership with BEV, will enable the company to rapidly accelerate its research program and will position ArkeaBio as a leader in the global effort to decarbonize the agricultural sector.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Undisclosed
Reno, NV 89519
USA
Reno, NV 89519
USA
Phone
Undisclosed
Website
Email Address
Overview
ArkeaBio is using innovative vaccine technologies to create solutions to reduce the on-farm methane emissions responsible for 6% of global GHG emissions. ArkeaBio technology will be integrated into proven delivery systems and farming practices to safely reduce global methane emissions from multiple ruminant species across a variety of geographies and agronomic systems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Colin South
Vice President
Matthew Dunn
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