Tech Company Financing Transactions
NeoCarbon Funding Round
NeoCarbon closed a $3.5 million Seed funding round on 12/12/2023. Investors included Antler and PropTech1 Ventures.
Transaction Overview
Company Name
Announced On
12/12/2023
Transaction Type
Venture Equity
Amount
$3,450,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the deployment and development of the first full-scale unit with its proprietary technology.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Bouchéstraße 12 Halle 20
Berlin, 12435
Germany
Berlin, 12435
Germany
Phone
Undisclosed
Website
Email Address
Overview
NeoCarbon reverses climate change by dramatically cutting costs of Direct Air Capture leveraging cooling towers around Europe. By retrofitting existing infrastructure without impacting their original function, the time and cost needed to set up a carbon capturing system is improved by up to 10x. NeoCarbon was formed in Berlin in 2021 by René Haas and Silvain Toromanoff, two engineers passionate about ClimateTech, and is backed by Venture Capital fund Antler.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
René Haas
Chief Technical Officer
Silvain Toromanoff
VP - R & D
Andrew Shamu
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Prev: 12/12/2023: Shinobi Therapeutics venture capital transaction
Next: 12/12/2023: Bicara Therapeutics venture capital transaction
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Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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