Fundz

8 Rivers Secures $100M Investment From Sk Group And Establishes Asian Joint Venture With Sk Group To Accelerate Global Decarbonization

PRIVATEMar 08, 2022

Amount Raised

$100 Million

Round Type

Venture

Information TechnologyEnergy

Description

8 Rivers Capital, LLC announced a USD$100 million investment from SK Group, along with the establishment of an 8 Rivers-SK joint venture to focus on decarbonization of Korean and key Asian markets. This investment establishes 8 Rivers as the premier Net Zero solutions company globally for industrial decarbonization, offering innovative solutions that are deployment-ready today and will help drive global decarbonization through 2050. This represents one of the largest single private investments in a carbon capture solutions provider to date, and was announced at S&P Global's CERA Week by IHS Markit

Quick answer

8 Rivers raised $100 Million in a funding round, dated March 8, 2022.

How much did 8 Rivers raise?
8 Rivers raised $100 Million in a funding round on March 8, 2022.
What does 8 Rivers do?
8 Rivers is a Durham, North Carolina–based clean energy and climate technology company leading the global energy industry towards achieving net zero.
Who are the decision-makers at 8 Rivers?
Fundz holds 1 contact at 8 Rivers. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy around the same time

Companies in the same sectors as 8 Rivers that raised within 45 days of this round, from Fundz verified event records.

  • Actual Energy Inc. raised $1.1M (Seed) on April 22, 2022.
  • Versogen, Inc. raised $14M on April 21, 2022.
  • Ferguson Plc raised $1B (Funding Round) on April 21, 2022.
  • Crusoe raised $505M (Funding Round) on April 21, 2022.
  • Palmetto raised an undisclosed amount on April 20, 2022.
  • Greenbacker raised $76M (Debt Financing) on April 19, 2022.

Who to call at 8 Rivers, and when

A new round usually means 8 Rivers is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at 8 Rivers, from your own LinkedIn network

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Company Information

Company

8 Rivers

About

8 Rivers is a Durham, North Carolina–based clean energy and climate technology company leading the global energy industry towards achieving net zero. Since 2008, 8 Rivers has been pioneering infrastructure-scale technologies that can drastically reduce or remove CO2 emissions. We’re proud to be a growing, world-class team of engineering and business experts working together to commercialize technologies and deliver projects across multiple sectors, with a focus on oxy-combustion and ultra-low carbon intensity processes.

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Related People

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8 Rivers 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.