Tech Company Financing Transactions
Planetary Technologies Funding Round
Planetary Technologies secured a $11.4 million Series A funding round on 10/24/2024. Investors included Evok Innovations, Amplify Capital and BDC Capital.
Transaction Overview
Company Name
Announced On
10/24/2024
Transaction Type
Venture Equity
Amount
$11,350,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand pilot projects, scale operations, and further demonstrate the safety and effectiveness of its technology.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
24 Orion Court 24-1A/B
Dartmouth Nova Scotia, B2Y 4W6
Canada
Dartmouth Nova Scotia, B2Y 4W6
Canada
Phone
Undisclosed
Website
Email Address
Overview
Planetary is on a mission to fight climate change by helping the ocean remove carbon dioxide from the atmosphere. We strive to enhance the planet's largest natural carbon removal process: the geologic carbon cycle. We work collaboratively with world-class scientific institutions, regulators, and local communities to develop safe and sustainable carbon removal methods.
Management Team
Title
Name
Email & Social
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