Tech Company Financing Transactions
Turnover Labs Funding Round
On 10/22/2024, Turnover Labs landed $1.4 million in funding from GC Ventures America and private investors.
Transaction Overview
Company Name
Announced On
10/22/2024
Transaction Type
Venture Equity
Amount
$1,400,000
Round
Undisclosed
Investors
GC Ventures America (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its engineering team, grow business development efforts, and accelerate R&D to transition its technology from the lab to a sub-scale prototype.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Undisclosed
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Undisclosed
Website
Email Address
Overview
Turnover Labs is on a mission to decarbonize the chemical industry. Our patent pending technologies allow us to build the world's more durable electrolyzers that can withstand the harsh conditions and impurities found in industry. We aim to disrupt the low-carbon chemical market by converting impure, waste CO2 streams being emitted from manufacturing directly into valuable chemical feedstocks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marissa Beatty
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