Terms
- Announced
- 22 Jun 2021
- Instrument
- Equity
- Amount
- US$2.70m
- Source
- techcrunch.com
Parties
- Project developer
- Holy Grail Inc.
- Recipient type
- Technology company
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Lowercarbon Capital Investor US$0.45m Estimated: an even share, 1 of 6 Goat Capital Investor US$0.45m Estimated: an even share, 1 of 6 Starlight Ventures Investor US$0.45m Estimated: an even share, 1 of 6 35 Ventures Investor US$0.45m Estimated: an even share, 1 of 6 Deep Science Ventures Investor US$0.45m Estimated: an even share, 1 of 6 Y Combinator Investor US$0.45m Estimated: an even share, 1 of 6
Carbon
- Pathway
- DAC
What happened
- Lowercarbon Capital led. Patrick Collison, Charlie Songhurst, Kyle Vogt, Ian Hogarth and Oliver Cameron also participated as individuals and have no provider rows. Kevin Durant is credited through 35 Ventures rather than separately.
Kumo note
- A seed in which the great majority of the cheque count was individuals rather than funds. Holy Grail swaps the heat cycle at the core of most direct air capture for an electrical one, which makes the unit modular and mass-manufacturable rather than plant-scale.
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