Tech Company Financing Transactions
CH4 Global Funding Round
Cleveland Avenue, DCVC and DCVC Bio joined a $29 million Series B venture round for CH4 Global. The financing round was announced on 8/29/2023.
Transaction Overview
Company Name
Announced On
8/29/2023
Transaction Type
Venture Equity
Amount
$29,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to build and validate the CH4 Global EcoPark�, an aquaculture and production facility that will make its signature product, Methane Tamer�, at scale.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
1199 MacDonald Ranch Drive
Henderson, NV 89012
USA
Henderson, NV 89012
USA
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to meaningfully impact climate change at scale, by developing gigatonne-scale greenhouse gas (GHG) mitigation solutions for global industries and governments that are committed to averting climate disaster and acting for a net zero world starting now. The founders set the initial focus on methane--one of the most potent GHGs--because aggressive methane mitigation is the best way to maximize positive climate impact. Meanwhile, research had shown that up to 90% of enteric methane from cattle--a major source of global methane emissions--can be prevented with tiny amounts of Asparagopsis seaweed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Meller
Chief Financial Officer
Andrew Smith
Chief Operating Officer
Tim Williams
Chief Technical Officer
David Lawson
Browse more venture capital transactions:
Prev: 8/29/2023: ControlRooms.ai venture capital transaction
Next: 8/29/2023: Videobot venture capital transaction
Share this article
Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC investment data records reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs