Tech Company Financing Transactions
Avnos Funding Round
Avnos closed a $80 million funding round on 7/13/2023. Backers included ConocoPhillips, JetBlue Technology Ventures and Shell Ventures.
Transaction Overview
Company Name
Announced On
7/13/2023
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate growth and expand its R&D sector to deliver commercial-ready HDAC units by the end of 2025.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
1240 Preston Way Venice
Los Angeles, CA 90291-2944
USA
Los Angeles, CA 90291-2944
USA
Phone
Undisclosed
Website
Email Address
Overview
We're going water positive to achieve carbon negative. Direct Air Capture (DAC) is vital to the global decarbonization effort. At Avnos, we're passionate about commercializing our unique Hybrid Direct Air Capture (HDAC�) technology to go beyond other forms of DAC and efficiently capture CO2 out of the air anywhere on earth, while delivering more sustainable value.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Will Kain
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