Terms
- Announced
- 20 Dec 2023
- Instrument
- Equity
- Amount
- US$0.55m
- Source
- viestories.com
Parties
- Project developer
- Alt Carbon
- Recipient type
- Technology company
- Country
- India
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Shastra VC Lead investor US$0.55m Sole provider: the whole transaction
Carbon
- Pathway
- Enhanced rock weathering
What happened
- Alt Carbon raised US$550K in a pre-seed round led by Shastra VC (formerly Veda VC) with a group of angel investors. Source wording: 'Shastra VC (formerly Veda VC) and a group of angel investors led a pre-seed funding round in which climate tech platform Alt Carbon raised $550K.'
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