Encina Announces $55 Million Of Committed Financing Supported By Imm Investment Global Limited
Amount Raised
$55 Million
Round Type
Venture
HoustonManufacturingSustainabilityScience And EngineeringDescription
Encina Development Group (“Encina” or the “Company”), a producer of circular chemicals from waste materials, announced today that it has secured a total of $55 Million of equity capital which included participation from institutional investors IMM Investment Global Limited (“IMM Global”) and SW Recycle Fund through a $32 million private placement. The private placement was oversubscribed following strong institutional support. IMM Global will join the Company’s Board of Directors as a result of their investment.
Quick answer
Encina Development Group raised $55 Million in a funding round, dated March 14, 2022. Encina Development Group is based in Houston, Texas, United States.
- How much did Encina Development Group raise?
- Encina Development Group raised $55 Million in a funding round on March 14, 2022.
- What does Encina Development Group do?
- Encina Development Group produces circular chemicals.
- Where is Encina Development Group based and how big is it?
- Encina Development Group is based in Houston, Texas, United States.
Source: Fundz verified event record.
Who else raised in Sustainability and Science And Engineering around the same time
Companies in the same sectors as Encina Development Group that raised within 45 days of this round, from Fundz verified event records.
- Retriev Technologies raised an undisclosed amount on April 19, 2022.
- Electra Therapeutics raised $84M (Series B) on February 16, 2022.
- Deepset raised $14M (Funding Round) on April 28, 2022.
- South 8 Technologies raised $12M (Funding Round) on April 26, 2022.
- Agility Robotics raised $150M (Series B) on April 22, 2022.
- AIRCO raised $30M (Series A) on April 19, 2022.
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