Tech Company Financing Transactions
Nexus W2V Funding Round
Nexus and Sterling National Bank invested in a $140 million funding round for Nexus W2V. The round was announced on 12/10/2024.
Transaction Overview
Company Name
Announced On
12/10/2024
Transaction Type
Venture Equity
Amount
$140,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to proceed with the construction of its flagship facility, the Kingsbury Bioenergy Complex in La Porte, Indiana, which will turn source-separated organics into renewable natural gas (RNG).
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
22 S. Main St. 400
Greenville, SC 29601
USA
Greenville, SC 29601
USA
Phone
Undisclosed
Website
Email Address
Overview
Nexus W2V is a spin-out company from Nexus PMG. Our team is comprised of EPC executives, biosystems engineers, bio-energy developers, project managers, and financial analysts. We believe that a strong development company balances risk and return, and we do that with a defined staged gated development methodology along with strong local partnerships.
Management Team
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