Terms
- Announced
- 5 Dec 2023
- Instrument
- Equity
- Amount
- US$9.00mReported as $9M extension (Series B total $64M)
- Source
- finsmes.com
Parties
- Project developer
- Pachama
- Recipient type
- Marketplace
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis T.Capital Investor US$3.00m Estimated: an even share, 1 of 3 Lowercarbon Capital Investor US$3.00m Estimated: an even share, 1 of 3 Positive Ventures Investor US$3.00m Estimated: an even share, 1 of 3
Carbon
- Pathway
- Carbon market infrastructure
What happened
- Pachama raised a $9M extension, bringing its Series B total to $64M, with participation from T.Capital alongside existing investors Lowercarbon Capital and Positive Ventures. Booked at the increment; US$9m is derived as the stated extension, the US$64m cumulative is not booked.
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