Tech Company Financing Transactions
Sublime Systems Funding Round
On 1/17/2023, Sublime Systems landed $40 million in Series A funding from Lowercarbon Capital, Energy Impact Partners and Siam Cement Group.
Transaction Overview
Company Name
Announced On
1/17/2023
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to ramp up production at its pilot plant, build its team, conduct product testing, and advance offtake commitments from new customers and partners.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
444 Somerville Ave
Somerville, MA 02143
USA
Somerville, MA 02143
USA
Phone
Website
Email Address
Overview
Sublime Systems is commercializing a breakthrough process to make low-carbon cement that performs like the cement you're used to, without the environmental cost.
Management Team
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