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Aepnus Technology raised $8M in Seed funding led by Clean Energy Ventures to accelerate sodium sulfate recycling technology

PRIVATEJun 14, 2024

Amount Raised

$8 Million

Round Type

Seed

OaklandManufacturingRenewable Energy

Investors

Gravity Climate FundMUUS Climate PartnersImpact Science VenturesLowercarbon CapitalVoyager VenturesClean Energy Ventures

Description

Aepnus Technology, based in Oakland, CA, raised $8M in Seed funding led by Clean Energy Ventures. The company plans to use the funds to accelerate the production of their novel end-to-end sodium sulfate recycling technology and expand its technology platform to produce other commodity chemicals.

Quick answer

Aepnus Technology raised $8 Million in a Seed round, dated June 14, 2024. Investors: Gravity Climate Fund, MUUS Climate Partners, Impact Science Ventures, Lowercarbon Capital, Voyager Ventures and Clean Energy Ventures. Aepnus Technology is based in Oakland, California, United States.

How much did Aepnus Technology raise?
Aepnus Technology raised $8 Million in a Seed round on June 14, 2024.
Who invested in Aepnus Technology?
Gravity Climate Fund, MUUS Climate Partners, Impact Science Ventures, Lowercarbon Capital, Voyager Ventures and Clean Energy Ventures are named as investors in this round.
What does Aepnus Technology do?
Aepnus Technology is dedicated to the electrification and decarbonization of the manufacturing process of several commonly used chemicals.
Where is Aepnus Technology based and how big is it?
Aepnus Technology is based in Oakland, California, United States.
Who are the decision-makers at Aepnus Technology?
Fundz holds 1 contact at Aepnus Technology. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Renewable Energy and Manufacturing around the same time

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

  • Hadron Energy raised $9.9M on July 29, 2024.
  • ecop raised $9.2M (Grant) on July 26, 2024.
  • Quatt raised $27M (Funding Round) on July 17, 2024.
  • Active Membranes raised $2.3M on July 15, 2024.
  • BTRY raised $165K (Seed) on July 15, 2024.
  • Naked Energy raised $22M (Series B) on July 15, 2024.

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Company Information

Company

Aepnus Technology

Location

Oakland, California, United States

About

Aepnus Technology is dedicated to the electrification and decarbonization of the manufacturing process of several commonly used chemicals. In simpler terms, our mission is to create technology that utilizes electricity, preferably from renewable sources, to synthesize chemicals using a process known as electrolysis. Currently, our primary objective is to focus on the electrolytic conversion of sulfate salts into metal hydroxides (caustic), as well as concentrated Sulfuric Acid. This application is especially relevant in the realms of lithium mining, lithium battery recycling, and cathode active materials (CAM) processing.

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Aepnus Technology 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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