Transaction

Captura - Series A (third close)

Terms

Announced: 11 Apr 2024
Instrument: Equity
Amount: US$11.8mReported as series A extended to US$45.3m cumulative; this close about US$11.8mSource-stated USD; increment derived by subtraction (45.3 less 12.0 and 21.5)
Source: capturacorp.com

Project developer: Captura
Recipient type: Technology company
Country: United States (Pasadena, CA)
Capital providers: Capital providers and the amount counted for each
Party Role Amount Basis
National Grid Partners Investor US$5.90m Estimated: an even share, 1 of 2
JAL Innovation Fund Investor US$5.90m Estimated: an even share, 1 of 2

Capital providers and the amount counted for each
Party	Role	Amount	Basis
National Grid Partners	Investor	US$5.90m	Estimated: an even share, 1 of 2
JAL Innovation Fund	Investor	US$5.90m	Estimated: an even share, 1 of 2

Pathway: Ocean alkalinity / marine CDR
Project type as recorded: Marine / ocean CDR - electrochemical Direct Ocean Capture (bipolar membrane electrodialysis)

: Third close of Captura's Series A, bringing the round to US$45.3m. The company states only the cumulative total; the ~US$11.8m increment is derived from the two earlier closes (EQ-071, EQ-093). New investors National Grid Partners and Japan Airlines & TransLink Innovation Fund; existing investors also participated, unnamed.

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