Terms
- Announced
- 28 Mar 2023
- Instrument
- Equity
- Amount
- US$1.93mReported as EUR 1.8 million, converted at 1.0705 USD/EUR
- Source
- carbonaide.com
Parties
- Project developer
- Carbonaide Oy
- Recipient type
- Technology company
- Country
- Finland
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Lakan Betoni Lead investor US$0.96m Estimated: an even share, 1 of 2 Vantaan Energia Lead investor US$0.96m Estimated: an even share, 1 of 2
Carbon
- Pathway
- Mineralisation
What happened
- Carbonaide raised EUR 1.8 million in seed funding led by Lakan Betoni and Vantaa Energy. The round was completed with public loans from Business Finland and in-kind contributions from other Finnish concrete companies and strategic investors.
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