Tech Company Financing Transactions
Newlight Technologies Funding Round
Newlight Technologies, operating out of Huntington Beach, secured $125 million in investment from GenZero, Charter Next Generation and Oxy Low Carbon Ventures.
Transaction Overview
Company Name
Announced On
8/3/2023
Transaction Type
Venture Equity
Amount
$125,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This investment will enable the company to expand the production of AirCarbon at both its existing California facility as well as a new AirCarbon production facility being built in Ohio.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
14382 Astronautics Ln.
Huntington Beach, CA 92647
USA
Huntington Beach, CA 92647
USA
Phone
Website
Email Address
Overview
At Newlight, we believe that the most sustainable way to reduce the amount of carbon in the air is to use that carbon as a clean, cost-effective resource for the production of commercially useful materials.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Markus Herrema
Chief Marketing Officer
Daniel Barton
Chief Operating Officer
Evan Creelman
Chief Operating Officer
Michael Giardello
Chief Technical Officer
Kenton Kimmel
VP - Finance
Michael Collins
VP - General Counsel
Steven Petersen
Browse more venture capital transactions:
Prev: 8/3/2023: Divirod venture capital transaction
Next: 8/3/2023: Amber Bio venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs