Tech Company Financing Transactions
Impact Bioenergy Funding Round
Impact Bioenergy closed a $3.6 million Series A funding round on 10/27/2022. Investors included Itochu Corporation and private investors.
Transaction Overview
Company Name
Announced On
10/27/2022
Transaction Type
Venture Equity
Amount
$3,600,000
Round
Series A
Investors
Itochu Corporation (Lead Investor)
Proceeds Purpose
The funding will enable Impact Bioenergy to scale manufacturing and to expand its offering to meet the strong demand the company is seeing in the wake of the Inflation Reduction Act of 2022 and increasing state-level activity legislating and incentivizing the reduction of food waste to landfills.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
1001 NW 167th St.
Shoreline, WA 98177
USA
Shoreline, WA 98177
USA
Phone
Undisclosed
Website
Email Address
Overview
Impact Bioenergy's distributed bioenergy solutions reduce energy & disposal costs by generating energy from adjacent organic waste streams. Our prefabricated bioenergy units are uniquely engineered and sized to allow organizations and communities to practice onsite bioenergy food waste diversion, thus substantially reducing multiple costs and generating a faster ROI than wind or solar.
Management Team
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We do our best to record every notable VC transaction. All VC database entries reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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