Tech Company Financing Transactions
Lithos Carbon Funding Round
Lithos Carbon secured a $6.2 million funding round on 10/20/2022. Investors included Union Square Ventures, Bain Capital Ventures and Carbon Drawdown Collective.
Transaction Overview
Company Name
Announced On
10/20/2022
Transaction Type
Venture Equity
Amount
$6,230,000
Round
Undisclosed
Investors
Proceeds Purpose
This isn't a mere ag-tech or carbon play. Lithos also aims to become the go-to software provider for carbon accounting and management for soil-based carbon removal.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Undisclosed
Seattle, WA 98004
USA
Seattle, WA 98004
USA
Phone
Undisclosed
Website
Email Address
Overview
We accelerate mineral weathering by spreading basalt on croplands to increase dissolved inorganic carbon with eventual storage as ocean carbonates. Our technology uses novel soil models and machine learning to maximize CO2 removal while boosting crop growth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mary Yap
Co-Founder
Noah Planavsky
Co-Founder
Chris Reinhard
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Where The Data Comes From
We do our best to record funding rounds that are announced publicly. VC investment data records on this site 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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