Tech Company Financing Transactions
ClearFlame Engine Technologies Funding Round
Mercuria, Rio Tinto and WIND Ventures invested in a $30 million Series B funding round for ClearFlame Engine Technologies. The round was announced on 3/9/2023.
Transaction Overview
Company Name
Announced On
3/9/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Proceeds Purpose
The company will use the funds to bring to market innovative solutions that power heavy-duty engines with clean, renewable fuels and create a viable business solution to reduce carbon and soot.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
Undisclosed
Geneva, IL 60134
USA
Geneva, IL 60134
USA
Phone
Website
Email Address
Overview
Before we founded ClearFlame, we asked ourselves: what's the fastest path to a sustainably clean heavy-duty industry? Something low-cost -- that avoids the green premium of nearly every clean solution. A solution that leverages existing infrastructure. A technology that maintains the high torque and power used across heavy-duty applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
BJ Johnson
Chief Technical Officer
Julie Blumreiter
VP - Bus. Development
Kirk Roller
VP - Engineering
Robert Schanz
VP - Marketing
John Howell
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