Tech Company Financing Transactions

38 Degrees North Funding Round

38 Degrees North closed a $230 million financing round on 7/17/2025. Backers included Climate Adaptive Infrastructure and Kimmeridge.

Transaction Overview

Company Name
Announced On
7/17/2025
Transaction Type
Venture Equity
Amount
$230,000,000
Round
Undisclosed
Investors

Climate Adaptive Infrastructure (Bill Green)

Kimmeridge (Henry Makansi)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
180 Harbor Drive 217
Sausalito, CA 94965
USA
Phone
Undisclosed
Email Address
Overview
We are a development partner, capital partner, asset owner and operator of distributed sustainable infrastructure. We participate across the development-stage spectrum and support projects through completion into operations. We take pride in executing on our commitments and being creative problem solvers.
Profile
38 Degrees North LinkedIn Company Profile
Social Media
38 Degrees North Company Twitter Account
Company News
38 Degrees North News
Facebook
38 Degrees North on Facebook
YouTube
38 Degrees North on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Chris Bailey
  Chris Bailey LinkedIn Profile  Chris Bailey Twitter Account  Chris Bailey News  Chris Bailey on Facebook
Co-Founder
Ryan Bennett
  Ryan Bennett LinkedIn Profile  Ryan Bennett Twitter Account  Ryan Bennett News  Ryan Bennett on Facebook
Co-Founder
Jake Carney
  Jake Carney LinkedIn Profile  Jake Carney Twitter Account  Jake Carney News  Jake Carney on Facebook
Vice President
Tim Luthin
  Tim Luthin LinkedIn Profile  Tim Luthin Twitter Account  Tim Luthin News  Tim Luthin on Facebook
Vice President
Ryan MacDonald
  Ryan MacDonald LinkedIn Profile  Ryan MacDonald Twitter Account  Ryan MacDonald News  Ryan MacDonald on Facebook
VP - Bus. Development
Garrett Colvin
  Garrett Colvin LinkedIn Profile  Garrett Colvin Twitter Account  Garrett Colvin News  Garrett Colvin on Facebook
VP - Bus. Development
Colleen DeBenedetto
  Colleen DeBenedetto LinkedIn Profile  Colleen DeBenedetto Twitter Account  Colleen DeBenedetto News  Colleen DeBenedetto on Facebook
VP - Bus. Development
Tom Hockin
  Tom Hockin LinkedIn Profile  Tom Hockin Twitter Account  Tom Hockin News  Tom Hockin on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/17/2025: Commutator Studios venture capital transaction
Next: 7/17/2025: SL Green Realty venture capital transaction

 

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Where The Data Comes From

Our team works diligently to record funding rounds that are announced publicly. VC investment data records reported here are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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