Tech Company Financing Transactions
Graphitic Energy Funding Round
Graphitic Energy, operating out of Goleta, secured $34 million from SK Gas, AP Ventures and Breakthrough Energy Ventures.
Transaction Overview
Company Name
Announced On
6/16/2022
Transaction Type
Venture Equity
Amount
$34,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will be used to build C-Zero's first pilot plant, which is expected to be online in Q1 2023. The plant will be capable of producing up to 400kg of hydrogen per day from natural gas with no CO2 emissions.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
600 Ward Dr. A
Goleta, CA 93111
USA
Goleta, CA 93111
USA
Phone
Undisclosed
Website
Email Address
Overview
We envision an abundant energy future where the value of the carbon and hydrogen in natural gas can be independently maximized. By pioneering a new approach to commercializing these resources, we aim to drive hydrocarbon utilization towards greater efficiency and sustainability.
Management Team
Title
Name
Email & Social
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