Tech Company Financing Transactions
Standard Biocarbon Funding Round
On 12/21/2023, Standard Biocarbon secured $5 million in financing from Nexus Development Capital.
Transaction Overview
Company Name
Announced On
12/21/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Nexus Development Capital (Lead Investor)
Proceeds Purpose
Funding will go towards scaling biochar operations to meet commercial demand in combating threats including "forever chemicals", soil remediation and stormwater vulnerabilities
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Marine Trade Center, 2 Portland Fish Pier Suite 211
Portland, ME 04101
USA
Portland, ME 04101
USA
Phone
Undisclosed
Website
Email Address
Overview
Manufacture of a near-pure carbon commodity intended for farming and construction. The company's product is purpose-made from clean, source-verified biomass from the pristine forests of Maine, enabling clients to improve the digestive biome in ruins, increase nutrient uptake, and reduce methane production.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Frederick Horton
Chief Operating Officer
Tamara Risser
Co-Founder
Tom Horton
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