Terms
- Announced
- 10 Feb 2025
- Instrument
- Equity
- Amount
- US$5.00m
- Source
- carbonherald.com
Parties
- Project developer
- 44.01
- Recipient type
- Technology company
- Country
- Oman
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Nysno Climate Investments Investor US$2.50m Estimated: an even share, 1 of 2 Jasoor Ventures Investor US$2.50m Estimated: an even share, 1 of 2
Carbon
- Pathway
- Mineralisation
What happened
- A second close taking the Series A to USD 42m in aggregate. Recorded as a separate deal, not folded into EQ-151.
Kumo note
- A second close eight months after the first, taking the Series A to USD 42m and bringing Norwegian state climate capital onto an Omani cap table.
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