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Transaction

Yama - seed

Terms

Announced
1 Jul 2024
Instrument
Equity
Amount
US$3.00m

Parties

Project developer
Yama
Recipient type
Technology company
Country
France
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Grantham FoundationInvestorUS$0.60mEstimated: an even share, 1 of 5
VOYAGERS Climate-Tech FundInvestorUS$0.60mEstimated: an even share, 1 of 5
Susquehanna Sustainable InvestmentsInvestorUS$0.60mEstimated: an even share, 1 of 5
Plug and PlayInvestorUS$0.60mEstimated: an even share, 1 of 5
Kibo InvestInvestorUS$0.60mEstimated: an even share, 1 of 5

Carbon

Pathway
DAC

What happened

The company confirms the amount and the date and names no investors at all; the syndicate rests on two investor portfolio pages and a commercial database. The company has since renamed to Maia.

Kumo note

A seed into a Paris developer whose cycle regenerates below 100 degrees C on heat pumps and ambient heat, cutting the thermal grade direct air capture normally needs.

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