Tech Company Financing Transactions
STAX Engineering Funding Round
STAX Engineering, based in Long Beach, secured $40 million from Upper90 and private investors.
Transaction Overview
Company Name
Announced On
7/17/2024
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors
Upper90 (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate its growth over the next six months to meet increasing demand across container and auto carrier classes as well as broaden coverage to include tankers.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
65 Pine Avenue Pmb 943
Long Beach, CA 90802
USA
Long Beach, CA 90802
USA
Phone
Website
Email Address
Overview
STAX Engineering offers emissions capture and control that makes critical industry tools eco-friendly, bridging the gap between the present and a clean-air future. We build cost-effective and versatile systems that support the longevity of existing assets and facilities without modification.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Walker
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