Terms
- Announced
- 15 Apr 2026
- Instrument
- Equity
- Amount
- US$4.22mReported as NOK 40m, converted at 0.1055 USD/NOK (April 2026 average)
- Source
- inheritcs.com
Parties
- Project developer
- Inherit Carbon Solutions
- Country
- Norway
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Arkwright X Investor US$1.06m Estimated: an even share, 1 of 4 Equinor Ventures Investor US$1.06m Estimated: an even share, 1 of 4 Momentum Investor US$1.06m Estimated: an even share, 1 of 4 Farvatn Investor US$1.06m Estimated: an even share, 1 of 4
Carbon
- Pathway
- BECCS
- Backed by offtakes from
- · signed before this financing
What happened
- All four investors are returning; no lead is named. Post-money valuation stated at NOK 130m. The company does not letter the round. Day of month not published; recorded to the middle of the month.
Kumo note
- The round closed after the plant was running, and priced at NOK 130m with only returning investors it reads as an insider round to fund project development rather than an external repricing on the back of first operation.
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