Tech Company Financing Transactions
ReMo Energy Funding Round
AiiM Partners, Breakthrough Energy Ventures and Darco Capital participated in a $5.3 million Seed funding round for ReMo Energy. The financing round was announced by the company on 7/14/2022.
Transaction Overview
Company Name
Announced On
7/14/2022
Transaction Type
Venture Equity
Amount
$5,250,000
Round
Seed
Investors
Proceeds Purpose
The company will use the funding proceeds to scale commercial operations throughout the US Midwest and meet demand from its growing base of customers.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Undisclosed
Boston, MA Undisclosed
USA
Boston, MA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
ReMo is developing a fleet of distributed-scale ammonia plants that use renewable energy to make nitrogen fertilizers at prices competitive with those from the giant natural gas-fueled suppliers. ReMo is solving the combined challenges of food security and climate change.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Rackey
Chief Technical Officer
Guido Radaelli
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Next: 7/14/2022: Kyros venture capital transaction
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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