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DeCarice secured investment from Investible's Climate Tech Fund to enhance its hydrogen injection technology, aimed at reducing emissions in heavy-duty engines.

PRIVATEAug 15, 2024

Round Type

Venture

SydneyManufacturingEnergy

Investors

Investible

Description

Venture capital firm Investible has invested in DeCarice, an Australian startup focusing on hydrogen injection technology for heavy-duty engines. This funding will accelerate DeCarice's efforts in global commercialization, providing a viable alternative for decarbonizing industries.

Quick answer

DeCarice raised an undisclosed amount in a funding round, dated August 15, 2024. Investors: Investible. DeCarice is based in Sydney, New South Wales, Australia.

How much did DeCarice raise?
DeCarice raised an undisclosed amount in a funding round on August 15, 2024.
Who invested in DeCarice?
Investible is named as investors in this round.
What does DeCarice do?
DeCarice is a UNSW spin-out company founded to accelerate the clean fuel transition by providing a practical, real-world option for fleet decarbonisation.
Where is DeCarice based and how big is it?
DeCarice is based in Sydney, New South Wales, Australia. Fundz records about 40 employees.
Who are the decision-makers at DeCarice?
Fundz holds 1 contact at DeCarice. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Manufacturing around the same time

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

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • FluoRok raised $10M (Funding Round) on September 27, 2024.
  • Perovskia Solar raised $2.4M (Seed) on September 26, 2024.
  • Piersica raised $1M (Seed) on September 26, 2024.
  • Twelve raised $645M (Series C) on September 20, 2024.
  • Phlair raised $16M (Seed) on September 19, 2024.

Who to call at DeCarice, and when

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

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Company Information

Company

DeCarice

Location

Sydney, New South Wales, Australia

About

DeCarice is a UNSW spin-out company founded to accelerate the clean fuel transition by providing a practical, real-world option for fleet decarbonisation. Dual-fuel direct injection retrofit reduces the carbon output of existing fleet beyond 50%-by-2030 targets while assuring uptime through the ability to revert to diesel without operator intervention. The retrofit approach controls up-front capital expenditure and provides flexibility in adjusting operating expenditures to prevailing hydrogen supply conditions and sources. Get in touch with us to find out how we can help to decarbonise your fleet.

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DeCarice 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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