Tech Company Financing Transactions
Travertine Technologies Funding Round
Travertine Technologies closed a $8.5 million investment round on 6/25/2024. Investors included Holcim, Bidra Innovation Ventures and Clean Energy Ventures.
Transaction Overview
Company Name
Announced On
6/25/2024
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Undisclosed
Investors
Proceeds Purpose
In addition to funding, Travertine will benefit from access to Holcim's large network of global operations and longstanding technical expertise in everything from material science to carbon capture and beyond.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
1900 55th St, A-105
Boulder, CO 80301
USA
Boulder, CO 80301
USA
Phone
Undisclosed
Website
Email Address
Overview
Carbon Dioxide Removal (CDR) is an essential part of the solution to climate change. To make it work, CDR solutions must be scaleable to gigatons per year, energy efficient, and economical. Leveraging the scale of our largest industries offers a practical path to help heal the planet and protect human health. Travertine was founded by UC Berkeley Professor Laura Lammers, a world expert in carbonate mineralization, to reduce the environmental impact of extracting elements that are needed for the renewable energy transition.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Laura Lammers
Chief Operating Officer
Owen Cadwalader
Browse more venture capital transactions:
Prev: 6/25/2024: Ability AI venture capital transaction
Next: 6/25/2024: Norm Ai venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs