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Transaction

AirMyne - seed

Terms

Announced
20 Mar 2024
Instrument
Equity
Amount
US$6.90m

Parties

Project developer
AirMyne, Inc.
Recipient type
Technology company
Country
United States
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Soma CapitalInvestorUS$0.86mEstimated: an even share, 1 of 8
Alumni VenturesInvestorUS$0.86mEstimated: an even share, 1 of 8
Y CombinatorInvestorUS$0.86mEstimated: an even share, 1 of 8
Liquid 2 VenturesInvestorUS$0.86mEstimated: an even share, 1 of 8
Another BrainInvestorUS$0.86mEstimated: an even share, 1 of 8
Impact Science VenturesInvestorUS$0.86mEstimated: an even share, 1 of 8
EMLESInvestorUS$0.86mEstimated: an even share, 1 of 8
WayfinderInvestorUS$0.86mEstimated: an even share, 1 of 8

Carbon

Pathway
DAC

What happened

No lead declared. Justin Hamilton also participated as an angel and is not given a provider row. DOE DAC Hub selections and California Energy Commission support are public support items with no figure and sit outside this round.

Kumo note

A seed with nine backers and no declared lead, characteristic of a party round. The thesis is that a solvent regenerating near 100 degrees C lets the plant run on geothermal or waste heat, which is why the company sits inside two federal hubs it did not have to finance.

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