Terms
- Announced
- 10 Mar 2025
- Instrument
- Equity
- Amount
- US$5.50m
- Source
- einpresswire.com
Parties
- Project developer
- Carbon Reform
- Recipient type
- Technology company
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Cisco Foundation Investor US$1.38m Estimated: an even share, 1 of 4 Exelon Investor US$1.38m Estimated: an even share, 1 of 4 Azolla Ventures Investor US$1.38m Estimated: an even share, 1 of 4 Delaware's Authority for Startup Capital Program Investor US$1.38m Estimated: an even share, 1 of 4
Carbon
- Pathway
- Industrial CCS / CCUS
What happened
- Closed January 2025, announced 10 March 2025. No lead named. Exelon invested through the Community Impact Capital Fund managed by The RockCreek Group. Richard Green committed during a live pitch and may sit outside the formal round; he has no provider row. MVP Capital Partners appears in third-party records and in no source.
Kumo note
- A seed plus assembled from a corporate foundation, a utility’s community impact fund, a climate impact fund and a US state startup capital authority, with no lead investor named. Delaware’s Authority for Startup Capital Program made its inaugural investment here.
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