Cadiz, Inc. secured $57M in financing to accelerate the development of water supply projects in Southern California.
Amount Raised
$57 Million
Round Type
Funding Round
Los AngelesAgriculture and FarmingWaterWater PurificationInvestors
Description
Cadiz, Inc. completed a financing transaction, including a $20 million loan to fund operations and capital expenses associated with the development of water supply projects in Southern California. The transaction, led by the company's largest shareholder Heerema International Group Services SA, received strong support from existing lenders and shareholders, putting the company in a position to deliver water before the next drought hits California.
Quick answer
Cadiz raised $57 Million in a Funding Round round, dated March 6, 2024. Investors: Heerema International Group Services SA. Cadiz is based in Los Angeles, California, United States.
- How much did Cadiz raise?
- Cadiz raised $57 Million in a Funding Round round on March 6, 2024.
- Who invested in Cadiz?
- Heerema International Group Services SA is named as investors in this round.
- What does Cadiz do?
- Cadiz, Inc. is a California water solutions company dedicated to providing access to clean, reliable, and affordable water for people through a unique combination of water supply, storage, pipeline, and treatment..
- Where is Cadiz based and how big is it?
- Cadiz is based in Los Angeles, California, United States. Fundz records about 17 employees.
- Who are the decision-makers at Cadiz?
- Fundz holds 4 contacts at Cadiz, including the COO, Cadiz, Inc./Strategic Consultant, C.R. Strategies, LLC. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Water around the same time
Companies in the same sectors as Cadiz that raised within 45 days of this round, from Fundz verified event records.
- Water Kinetics raised $196K (Pre-Seed) on March 25, 2024.
- Montana Technologies raised $10M on February 20, 2024.
- Terviva raised $6.2M on April 17, 2024.
- Greeneye Technology raised $20M (Funding Round) on April 17, 2024.
- Cropin raised $14M (Series C) on April 16, 2024.
- Buyers Edge Platform raised $425M on April 8, 2024.
Who to call at Cadiz, and when
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- An alert the day Cadiz raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cadiz, from your own LinkedIn network
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Related People
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