Terms
- Announced
- 2 Oct 2024
- Instrument
- Equity
- Amount
- Undisclosed
- Source
- kiko.vc
Parties
- Project developer
- Alithic
- Recipient type
- Technology company
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Counteract Investor Undisclosed No value disclosed Kiko Ventures Investor Undisclosed No value disclosed WARF Ventures Investor Undisclosed No value disclosed
Carbon
- Pathway
- Mineralisation
What happened
- Counteract and Kiko Ventures are described as leads by the university. No party discloses the amount. Third Derivative is an accelerator relationship, not a participation.
Kumo note
- Alithic sells the co-product rather than the removal, turning coal ash and captured CO2 into a cement substitute so that the mineralisation step pays for itself instead of being a disposal cost.
Know more about this transaction?
Not yet known: deal size.
Tell us what is missing or wrong, and where you read it.
Next step
Capital Connections
Meet the other side of deals like these.
Kumo introduces assessed projects to capital providers whose mandate fits, whichever side you are on.
Get started
Free to explore. No card required.
Terminal
Compare the transactions behind these figures.
Pricing, structures and comparables across Kumo's carbon finance dataset.
Explore the Terminal