Tech Company Financing Transactions
Loam Bio Funding Round
On 2/13/2023, Loam Bio raised $73 million in Series B investment from Wollemi Capital, Acre Venture Partners and Clean Energy Finance.
Transaction Overview
Company Name
Announced On
2/13/2023
Transaction Type
Venture Equity
Amount
$73,000,000
Round
Series B
Investors
Proceeds Purpose
Loam will use the funding to expand the availability of its seed coating that supercharges plants' ability to store carbon in the soil.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
1000 Westgate Dr, Lab 1001
St Paul, MN 55114
USA
St Paul, MN 55114
USA
Phone
Undisclosed
Website
Email Address
Overview
Loam works with 4.5 billion years of evolution to solve the climate crisis. Microbes have changed the composition of our atmosphere through earth's history. At Loam, we are ensuring these organisms can do it again. Through a better understanding of how microbes influence the carbon cycle, we can create new planetary-scale opportunities for carbon sequestration and improve agricultural productivity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Guy Hudson
Co-Founder
Tegan Nock
Co-Founder
Guy Webb
Co-Founder
Mick Wettenhall
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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