Tech Company Financing Transactions
NLine Energy Funding Round
NLine Energy, based in Hood River, secured $11 million from Mirova, Burnt Island Ventures and Steyn Group.
Transaction Overview
Company Name
Announced On
7/11/2024
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new capital will enable the company to enhance its operations in North America, and to expand internationally with a specific focus on Europe, with a goal is to significantly contribute to the reduction of carbon footprints in the commercial and industrial sectors.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
403 Portway Avenue 300
Hood River, OR 97031
USA
Hood River, OR 97031
USA
Phone
Website
Email Address
Overview
We convert wasted energy into clean and renewable electricity. Our turbines are compact and easily installed, with an average payback of 3 years or less.
Management Team
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About Database of VC Transactions
Our team works diligently to record all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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