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Transaction

Greenlyte Carbon Technologies - pre-seed extension

Terms

Announced
27 Jun 2023
Instrument
Equity
Amount
US$4.88mReported as EUR 4.5m, converted at 1.0837 USD/EUR (June 2023 average)

Parties

Recipient type
Technology company
Country
Germany
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Earlybird Venture CapitalInvestorUS$1.63mEstimated: an even share, 1 of 3
Green Generation FundInvestorUS$1.63mEstimated: an even share, 1 of 3
Carbon Removal PartnersInvestorUS$1.63mEstimated: an even share, 1 of 3

Carbon

Pathway
DAC

What happened

Earlybird led through its Earlybird-X fund. Took total funding to EUR 8m. The lead investor’s own account adds Green Generation Fund and Carbon Removal Partners, which trade press omitted.

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