Tech Company Financing Transactions
PlantSwitch Funding Round
NexPoint participated in a $7.7 million capital raise for PlantSwitch. The round was announced on 11/28/2023.
Transaction Overview
Company Name
Announced On
11/28/2023
Transaction Type
Venture Equity
Amount
$7,700,000
Round
Undisclosed
Investors
NexPoint (Lead Investor)
Proceeds Purpose
PR NewswireTue, November 28, 2023 at 7:30 PM GMT+5:30·4 min readPlantSwitch completes Early Growth Funding Round with $7.7 million capital raise.NexPoint's investment will help PlantSwitch scale production, market and deliver products to new nation-wide clients.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
3838 Oak Lawn Avenue 1420 Suite 1420
Dallas, TX 75219
USA
Dallas, TX 75219
USA
Phone
Website
Email Address
Overview
Developer of biodegradable straws and cutlery intended to replace single-use plastic products. The company's platform offers a variety of sustainable products, enabling businesses and consumers to make a positive impact on the environment.
Management Team
Title
Name
Email & Social
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