Tech Company Financing Transactions
Octavia Carbon Funding Round
Octavia Carbon closed a $3.9 million Seed funding round on 10/16/2024. Investors included E4E Africa, Lateral Frontiers and Catalyst Capital Managment.
Transaction Overview
Company Name
Announced On
10/16/2024
Transaction Type
Venture Equity
Amount
$3,900,000
Round
Seed
Investors
E4E Africa (Lead Investor)
Lateral Frontiers (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
No 8, Giriraj Business Park, Eastern Bypass
Nairobi, Undisclosed
Kenya
Nairobi, Undisclosed
Kenya
Phone
Undisclosed
Website
Email Address
Overview
Octavia Carbon is Global South's first Direct Air Capture (DAC) company. We aim to leverage Kenya's geothermal energy, geology, and talent to radically accelerate DAC down the cost curve. Our aim is to make Kenya the world's cost-effective hub to build and deploy DAC machines by 2025.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Martin Freimüller
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We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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