Terms
- Announced
- 9 Feb 2024
- Instrument
- Equity
- Amount
- Undisclosed
- Source
- sg.finance.yahoo.com
Parties
- Project developer
- Alcom Carbon Markets
- Country
- Singapore
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Capital Code Investor Undisclosed No 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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