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Transaction

Alcom Carbon Markets - pre-Series A

Terms

Announced
9 Feb 2024
Instrument
Equity
Amount
Undisclosed

Parties

Project developer
Alcom Carbon Markets
Country
Singapore
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Capital CodeInvestorUndisclosedNo value disclosed

Carbon

Pathway
Biochar

What happened

Capital Code led. Two further investment companies participated and are not named, so they have no provider rows. The round size was never disclosed; the figures in circulation are approximate total investment and are internally inconsistent. The company now trades as Alcom.

Kumo note

A pre-Series A into Southeast Asian biochar led by an agri-food investor rather than a climate specialist, which places the capital closer to the rice-residue feedstock than to the credit buyer. Two of the three investors are unnamed.

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