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Transaction

Charm Industrial - Series B

Terms

Announced
6 Jun 2023
Instrument
Equity
Amount
US$100m
Source
axios.com

Parties

Project developer
Charm Industrial
Country
United States
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
General CatalystInvestorUS$20.0mEstimated: an even share, 1 of 5
Lowercarbon CapitalInvestorUS$20.0mEstimated: an even share, 1 of 5
ExorInvestorUS$20.0mEstimated: an even share, 1 of 5
KinnevikInvestorUS$20.0mEstimated: an even share, 1 of 5
Thrive CapitalInvestorUS$20.0mEstimated: an even share, 1 of 5

Carbon

Pathway
Bio-oil / biomass burial
Backed by offtakes from
· signed before this financing

What happened

Elad Gil (individual) excluded as provider

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