Tech Company Financing Transactions
Avnos Funding Round
On 2/6/2024, Avnos secured $36 million in Series A funding from NextEra Energy Resources, Envisioning Partners and Rusheen Capital Management.
Transaction Overview
Company Name
Announced On
2/6/2024
Transaction Type
Venture Equity
Amount
$36,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to grow its team, deploy additional HDAC assets across North America and Europe, and open a new, state-of-the-art research and development facility located just outside New York City.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
1240 Preston Way Venice
Los Angeles, CA 90291-2944
USA
Los Angeles, CA 90291-2944
USA
Phone
Undisclosed
Website
Email Address
Overview
We're going water positive to achieve carbon negative. Direct Air Capture (DAC) is vital to the global decarbonization effort. At Avnos, we're passionate about commercializing our unique Hybrid Direct Air Capture (HDAC�) technology to go beyond other forms of DAC and efficiently capture CO2 out of the air anywhere on earth, while delivering more sustainable value.
Management Team
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