Leading Agricultural Carbon Removal Company Eion Closes $12 Million Series A To Scale Production Of Carbonlock™ Technology
Amount Raised
$12 Million
Round Type
Series A
PrincetonInformation TechnologyAgriculture and FarmingInvestors
Description
Eion, a permanent carbon removal technology company, today announced the close of a Series A funding round exceeding $12 million. The round was co-led by AgFunder and Ridgeline, along with participation from a broad coalition of strategic climate, ag tech, financial and impact investors, as well as upstream mineral supplier Sibelco. New and returning investors also include Carbon Removal Partners, Mercator Partners, Orion, Overture, SLVC and Trailhead Capital.
Quick answer
Eion raised $12 Million in a Series A round, dated December 15, 2022. Investors: Trailhead Capital, Slvc, Mercator Partners, Carbon Removal Partners and Ag Funder. Eion is based in Princeton, New Jersey, United States.
- How much did Eion raise?
- Eion raised $12 Million in a Series A round on December 15, 2022.
- Who invested in Eion?
- Trailhead Capital, Slvc, Mercator Partners, Carbon Removal Partners and Ag Funder are named as investors in this round.
- What does Eion do?
- Eion removes atmospheric CO2, permanently and verifiably, with enhanced rock weathering on soil
- Where is Eion based and how big is it?
- Eion is based in Princeton, New Jersey, United States.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming around the same time
Companies in the same sectors as Eion that raised within 45 days of this round, from Fundz verified event records.
- UPP raised $653K (Seed) on January 26, 2023.
- Lil Mixins, LLC raised $3.3M (Seed) on January 24, 2023.
- Terramera raised $6M (Seed) on January 17, 2023.
- Evigence raised $18M (Series B) on January 17, 2023.
- ReelData AI raised $8M (Series A) on January 11, 2023.
- PBS Biotech raised $22M (Funding Round) on January 9, 2023.
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Funding Insights
What this usually meansEion 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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