Tech Company Financing Transactions
Phlair Funding Round
On 9/19/2024, Phlair announced $16 million in Seed investment from Extantia Capital, Atlantic Labs and Counteract.
Transaction Overview
Company Name
Announced On
9/19/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$16,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to bring its direct air capture plants online in 2025.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Am Lenzenfleck 17c
Ismaning, 85737
Germany
Ismaning, 85737
Germany
Phone
Undisclosed
Website
Email Address
Overview
Phlair is revolutionizing carbon removal with its Hydrolyzer-based Direct Air Capture (DAC) technology, enabling scalable and low-cost CO2 capture from ambient air.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Malte Feucht
Founder
Steffen Garbe
Founder
Paul Teufel
Browse more venture capital transactions:
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Next: 9/19/2024: Lightium venture capital transaction
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Where The Data Comes From
We do our best to document funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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