Tech Company Financing Transactions

ClearFlame Engine Technologies Funding Round

ClearFlame Engine Technologies, operating out of Geneva, secured $17 million in investment from Breakthrough Energy Ventures, Clean Energy Ventures and John Deere.

Transaction Overview

Announced On
10/30/2021
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors

Breakthrough Energy Ventures (Lead Investor) (Carmichael Roberts)

Clean Energy Ventures

John Deere

Mercuria Investment (Boris Bystrov)

Proceeds Purpose
Series A financing will enable commercialization of the company's innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

Company Information

Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
Undisclosed
Geneva, IL 60134
USA
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
ClearFlame Engine Technologies LinkedIn Company Profile
Social Media
ClearFlame Engine Technologies Company Twitter Account
Company News
ClearFlame Engine Technologies News
Facebook
ClearFlame Engine Technologies on Facebook
YouTube
ClearFlame Engine Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
BJ Johnson
  BJ Johnson LinkedIn Profile  BJ Johnson Twitter Account  BJ Johnson News  BJ Johnson on Facebook
Chief Technical Officer
Julie Blumreiter
  Julie Blumreiter LinkedIn Profile  Julie Blumreiter Twitter Account  Julie Blumreiter News  Julie Blumreiter on Facebook
VP - Bus. Development
Kirk Roller
  Kirk Roller LinkedIn Profile  Kirk Roller Twitter Account  Kirk Roller News  Kirk Roller on Facebook
VP - Engineering
Robert Schanz
  Robert Schanz LinkedIn Profile  Robert Schanz Twitter Account  Robert Schanz News  Robert Schanz on Facebook
VP - Marketing
John Howell
  John Howell LinkedIn Profile  John Howell Twitter Account  John Howell News  John Howell on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/30/2021: Trellis venture capital transaction
Next: 10/30/2021: BrainBox AI venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC transactions reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary