Tech Company Financing Transactions
Brimstone Energy Funding Round
On 11/18/2021, Brimstone Energy announced $5.1 million in Seed funding from Breakthrough Energy Ventures, Data Collective and Arpa-E.
Transaction Overview
Company Name
Announced On
11/18/2021
Transaction Type
Venture Equity
Amount
$5,100,000
Round
Seed
Investors
Breakthrough Energy Ventures (Lead Investor) (Carmichael Roberts)
Data Collective (Lead Investor) (Kelly Chen)
Proceeds Purpose
The new funding will support product development and hiring.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
1715 Poplar St.
Oakland, CA 94607
USA
Oakland, CA 94607
USA
Phone
Undisclosed
Website
Email Address
Overview
Brimstone Energy is a venture-backed R&D company with the ambition to reduce global CO2 emissions by a couple of percentage points. The cement/concrete industry is a $1T market opportunity responsible for 5.5% of GHG or approximately 8% of global CO2 emissions, the same emissions as cars.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cody Finke
Chief Technical Officer
Hugo Leandri
Browse more venture capital transactions:
Prev: 11/18/2021: Centered venture capital transaction
Next: 11/18/2021: Facet venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs