Tech Company Financing Transactions
Olokun Minerals Funding Round
Olokun Minerals, based in Los Angeles, scored $1.1 million from Propeller Industries and Textbook VC.
Transaction Overview
Company Name
Announced On
2/6/2023
Transaction Type
Venture Equity
Amount
$1,100,000
Round
Seed
Investors
Propeller Industries (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
418 North Norton Ave
Los Angeles, CA 90004
USA
Los Angeles, CA 90004
USA
Phone
Undisclosed
Website
Email Address
Overview
Olokun Minerals provides mineral-based products that help divert harmful drainage water away from ocean life & provides sustainably sourced minerals for a number of different industries. We are developing a multi-mineral continuous extraction process that produces less waste and allows for more diverse brine waste streams to be commercially viable.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lacey Reddix
Browse more venture capital transactions:
Prev: 2/6/2023: HowNow venture capital transaction
Next: 2/6/2023: Choose Ketamine venture capital transaction
Share this article
About Our VC Transactions Data
Our team works diligently to report on tech company VC transactions. All VC database entries on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs