Tech Company Financing Transactions
4New Funding Round
4New closed a $41.5 million funding round on 3/31/2018. Backers included private investors.
Transaction Overview
Company Name
Announced On
3/31/2018
Transaction Type
Token
Amount
$41,500,000
Round
Undisclosed
Investors
Proceeds Purpose
5% - Blockchain Development. 10% - Working Capital. 5% - Marketing. 40% - Plant Development. 40% - Mining Equipment.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
6 Lanark Sq. Glengall Building Isle of Dogs
London, E14 9RE
UK
London, E14 9RE
UK
Phone
Undisclosed
Website
Email Address
Overview
4NEW (Token:KWATT) is the world's first eco-friendly, tangible, waste to energy power plant entirely integrated on the blockchain network and dedicated to crypto-mining. We collect the waste, process it through a high pressured combustion chamber generating free energy and organic byproducts.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Varun Datta
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