Tech Company Financing Transactions
Vespene Energy Funding Round
Polychain Capital invested in a $4.3 million funding round for Vespene Energy. The round was announced on 8/9/2022.
Transaction Overview
Company Name
Announced On
8/9/2022
Transaction Type
Venture Equity
Amount
$4,300,000
Round
Undisclosed
Investors
Polychain Capital (Lead Investor) (Olaf Wee)
Proceeds Purpose
The continued adoption of Bitcoin will benefit from solutions that make the energy mix for mining more focused on clean energy.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Undisclosed, Undisclosed
USA
Undisclosed, Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Vespene uses landfill methane to fuel Bitcoin mining. We convert landfill methane into a valuable energy source and financial value for landfill operators. Using Bitcoin mining, we turn methane streams into revenue for our customers, requiring no grid connection or pipeline buildout.We aim to repurpose otherwise wasted energy from landfills.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Wright
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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