Terms
- Announced
- 8 Sept 2025
- Instrument
- Equity
- Amount
- US$7.10mReported as EUR 6.1m (US$7.1m); the US$ figure is the source's own
- Source
- eifo.dk
Parties
- Project developer
- Rock Flour Company
- Recipient type
- Technology company
- Country
- Greenland
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Export and Investment Fund of Denmark (EIFO) Lead investor US$0.89m Estimated: an even share, 1 of 8 Novo Holdings Lead investor US$0.89m Estimated: an even share, 1 of 8 Nalik Ventures Investor US$0.89m Estimated: an even share, 1 of 8 SISA Investor US$0.89m Estimated: an even share, 1 of 8 Carbon Drawdown Initiative Investor US$0.89m Estimated: an even share, 1 of 8 2degrees Investor US$0.89m Estimated: an even share, 1 of 8 The Footprint Firm Investor US$0.89m Estimated: an even share, 1 of 8 Planetary Impact Ventures Investor US$0.89m Estimated: an even share, 1 of 8
Carbon
- Pathway
- Enhanced rock weathering
What happened
- Rock Flour Company announced the successful closing of its EUR 6.1m seed round, led by EIFO and Novo Holdings, with Nalik Ventures, SISA and Carbon Drawdown Initiative joining and existing investors 2degrees, The Footprint Firm and Planetary Impact Ventures participating. Proceeds scale glacial rock flour enhanced rock weathering and carbon removal.
Kumo note
- - Round led by a Danish state investor and a foundation-owned holding company, alongside Greenlandic local capital including a pension fund.
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