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Transaction
Spiritus - New Mexico Science & Technology Business Startup Grant (Nov 2024)
Terms
- Announced
- 25 Nov 2024
- Instrument
- Grants
- Amount
- US$0.05m
- Source
- edd.newmexico.gov
Parties
- Project developer
- Spiritus
- Recipient type
- Technology company
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis New Mexico Economic Development Department Grantor US$0.05m Disclosed
Carbon
- Pathway
- Direct air capture
What happened
- The New Mexico Economic Development Department's FY2025 Science & Technology Business Startup Grants list reads "Spiritus Technologies PBC (White Rock), awarded $50,000". The programme was announced as "EDD awards seven Science & Technology Business Startup Grants".
Kumo note
- - State startup grant to a direct air capture company, separate from the later Economic Development grant.
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