Tech Company Financing Transactions
HutanBio Funding Round
HutanBio closed a $2.9 million funding round on 1/18/2024. Investors included Clean Growth Fund and private investors.
Transaction Overview
Company Name
Announced On
1/18/2024
Transaction Type
Venture Equity
Amount
$2,864,000
Round
Undisclosed
Investors
Clean Growth Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds for the expansion of its engineering and business development teams in Cambridge, and accelerate the commercial use of its HBx bio-fuel oil, and reduce greenhouse gas emissions.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Incubator 2 Enterprise Boulevard Alconbury Weald
Huntingdon, PE28 4XA
UK
Huntingdon, PE28 4XA
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Today more than ever before, we need safe, clean, sustainable and renewable energy for a better, shared, green future, Low carbon, innovative fuel replacements that not only decouple transport and industry from fossil fuels but drive regeneration. That work in harmony with the surrounding ecosystems and understand the socio-economic challenges of the regions they are produced in.
Management Team
Title
Name
Email & Social
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We report on tech company VC transactions. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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