Amount Raised
$7.75 Million
Round Type
Venture
HesperiaManufacturingInvestors
Description
5E Advanced Materials, Inc. announced it has closed its previously announced second tranche of equity financing, including $7.75 million in new equity capital from 5ECAP, LLC, to be deployed for initial production of boric acid and lithium carbonate and to complete the final stages of the processing plant.
Quick answer
5E Advanced Materials raised $7.75 Million in a funding round, dated February 1, 2024. Investors: 5 Ecap, Llc. 5E Advanced Materials is based in Hesperia, California, United States.
- How much did 5E Advanced Materials raise?
- 5E Advanced Materials raised $7.75 Million in a funding round on February 1, 2024.
- Who invested in 5E Advanced Materials?
- 5 Ecap, Llc is named as investors in this round.
- What does 5E Advanced Materials do?
- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) is focused on becoming a vertically integrated global leader and supplier of boron specialty and advanced materials, complemented by lithium co-product production.
- Where is 5E Advanced Materials based and how big is it?
- 5E Advanced Materials is based in Hesperia, California, United States. Fundz records about 51 employees.
- Who are the decision-makers at 5E Advanced Materials?
- Fundz holds 1 contact at 5E Advanced Materials. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as 5E Advanced Materials that raised within 45 days of this round, from Fundz verified event records.
- Hadrian raised $11M on February 20, 2024.
- HighT-Tech raised $1.3M (Seed) on March 15, 2024.
- Pure Lithium Corp raised $15M (Series A) on March 15, 2024.
- Printed Farms raised $250K on March 15, 2024.
- Alithea Genomics raised $3.2M (Seed) on March 15, 2024.
- TerraClear raised $15M on March 15, 2024.
Who to call at 5E Advanced Materials, and when
A new round usually means 5E Advanced Materials is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day 5E Advanced Materials raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at 5E Advanced Materials, from your own LinkedIn network
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Related People
5E Advanced Materials raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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