Terms
- Announced
- 12 Jun 2023
- Instrument
- Equity
- Amount
- Undisclosed
- Source
- businesswire.com
Parties
- Project developer
- Arca
- Country
- Canada
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Lowercarbon Capital Investor Undisclosed No value disclosed Grantham Foundation Investor Undisclosed No value disclosed
Carbon
- Pathway
- Mineralisation
- Backed by offtakes from
What happened
- Arca named Lowercarbon Capital and the Grantham Foundation as its backers in its 12 June 2023 release. The amount of the seed is not disclosed in the company release. Split 16 Oct 2026: this row had also carried the 2024 InBC investment (EQ-301) and the 2025 US$8m round (EQ-302).
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