Tech Company Financing Transactions

RIFT Funding Round

On 10/17/2024, RIFT landed $12 million in Series A funding from Brabant Development Agency, Energie Transitie Fonds Rotterdam and Invest-NL.

Transaction Overview

Company Name
Announced On
10/17/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Proceeds Purpose
Additionally, the investment will be used to finalize the first commercial contracts.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Horsten 1
Eindhoven, 5612 AZ
The Netherlands
Phone
Undisclosed
Email Address
Overview
We are not just a company; we're pioneers on a mission, fueled by the vision of a sustainable future through clean, renewable energy. Our commitment shines through every step as we challenge traditional fossil fuel practices, actively forging a cleaner alternative. Our mission is simple yet impactful: decarbonize industrial heat, reducing 1 Gigaton of CO2 annually from 2050 onwards.
Profile
RIFT LinkedIn Company Profile
Social Media
RIFT Company Twitter Account
Company News
RIFT News
Facebook
RIFT on Facebook
YouTube
RIFT on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mark Verhagen
  Mark Verhagen LinkedIn Profile  Mark Verhagen Twitter Account  Mark Verhagen News  Mark Verhagen on Facebook


 

 

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Prev: 10/17/2024: Abel venture capital transaction
Next: 10/17/2024: Minze Health venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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