Tech Company Financing Transactions

GeoPura Funding Round

On 2/22/2024, GeoPura secured $70.9 million in funding from Barclays Sustainable and Impact Banking, GM Ventures and Siemens Energy.

Transaction Overview

Company Name
Announced On
2/22/2024
Transaction Type
Venture Equity
Amount
$70,925,000
Round
Undisclosed
Proceeds Purpose
The financing will directly increase the manufacture and supply of Geopura's Hydrogen Power Units (HPUs) at its Newcastle facility.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Costock Road
Wysall Nottinghamshire, NG12 5QT
UK
Email Address
Overview
GeoPura was founded to help source enough clean energy to electrify our global economy and navigate the logistical issues of getting this energy to where it is needed. The GeoPura solution uses renewable energy, normally solar PV or wind, to create hydrogen and hydrogen based zero emission fuels. This fuel is then transported to locations where a local generator converts it to electrical power. From start to finish the process is clean and carbon free -- the only by-product is pure water.
Profile
GeoPura LinkedIn Company Profile
Social Media
GeoPura Company Twitter Account
Company News
GeoPura News
Facebook
GeoPura on Facebook
YouTube
GeoPura on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andrew Cunningham
  Andrew Cunningham LinkedIn Profile  Andrew Cunningham Twitter Account  Andrew Cunningham News  Andrew Cunningham on Facebook
Chief Financial Officer
Derek Bulmer
  Derek Bulmer LinkedIn Profile  Derek Bulmer Twitter Account  Derek Bulmer News  Derek Bulmer on Facebook


 

 

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Our team works diligently to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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