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Transaction

Phlair - Seed - grant leg (EIC Accelerator)

Terms

Announced
19 Sept 2024
Instrument
Grants
Amount
US$2.78mReported as EUR 2.5m, converted at 1.1106 USD/EUR (September 2024 average)

Parties

Project developer
Phlair
Country
Germany
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
European Commission (European Innovation Council)GrantorUS$2.78mSole provider: the whole transaction

Carbon

Pathway
DAC
Backed by offtakes from

What happened

House rule: the EIC ranks as European Commission

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