Tech Company Financing Transactions
Eion Funding Round
Eion, based in Princeton, secured $12 million from AgFunder, Ridgeline Partners and Carbon Removal Partners.
Transaction Overview
Company Name
Announced On
12/15/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
AgFunder (Lead Investor)
Ridgeline Partners (Lead Investor)
Proceeds Purpose
The company will use the funds to help farms capture carbon with green rock dust.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
82 Spruce St
Princeton, NJ 08542-3846
USA
Princeton, NJ 08542-3846
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of fine-grained mineral material designed to remove carbon permanently and at scale while providing economic benefits to rural communities. The company's product rapidly captures and stores carbon dioxide when applied to agricultural soils, providing farmers and the agricultural industry with a verifiable pathway to decarbonization.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Wolf
Chief Operating Officer
Matthew Schmitt
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