Transaction

Paebbl - Seed (Oct 2022)

Terms

Announced: 5 Oct 2022
Instrument: Equity
Amount: US$7.86mReported as EUR 8m, converted at 0.9826 USD/EUR (October 2022 average)
Source: 2050.do

Project developer: Paebbl B.V.
Recipient type: Technology company
Country: Netherlands
Capital providers: Capital providers and the amount counted for each
Party Role Amount Basis
2050 Lead investor US$2.62m Estimated: an even share, 1 of 3
Grantham Foundation Lead investor US$2.62m Estimated: an even share, 1 of 3
Pale Blue Dot Investor US$2.62m Estimated: an even share, 1 of 3

Capital providers and the amount counted for each
Party	Role	Amount	Basis
2050	Lead investor	US$2.62m	Estimated: an even share, 1 of 3
Grantham Foundation	Lead investor	US$2.62m	Estimated: an even share, 1 of 3
Pale Blue Dot	Investor	US$2.62m	Estimated: an even share, 1 of 3

: Paebbl raised an EUR 8m seed round co-led by 2050 and the Grantham Foundation, with Pale Blue Dot also participating. Source wording from co-lead 2050: 'co-lead Paebbl's EUR 8m seed round together with Grantham Foundation and alongside Pale Blue Dot'.

Tell us what is missing or wrong, and where you read it.

Capital Connections

Kumo introduces assessed projects to capital providers whose mandate fits, whichever side you are on.

Free to explore. No card required.

Terminal

Pricing, structures and comparables across Kumo's carbon finance dataset.