Amount Raised
$10 Million
Round Type
Venture
RonanWaterWater PurificationInvestors
Description
Montana Technologies LLC has announced that Rice Investment Group has committed to invest $10 million in Montana as part of a private capital raise led by Carrier Ventures. The investment will accelerate the commercialization of Montana's patented AirJoule® system and follows the execution of an agreement between Montana and Carrier Corp. The investment comes ahead of Montana's business combination with Power & Digital Infrastructure Acquisition II Corp. expected in March, where Montana will trade on the NASDAQ under the ticker symbol "AIRJ".
Quick answer
Montana Technologies raised $10 Million in a funding round, dated February 20, 2024. Investors: Carrier Ventures and Rice Investment Group. Montana Technologies is based in Ronan, Montana, United States.
- How much did Montana Technologies raise?
- Montana Technologies raised $10 Million in a funding round on February 20, 2024.
- Who invested in Montana Technologies?
- Carrier Ventures and Rice Investment Group are named as investors in this round.
- What does Montana Technologies do?
- Montana Technologies Corporation is a publicly traded company that holds the intellectual properties that make up the AirJoule® system, an atmospheric thermal energy and water harvesting technology that provides..
- Where is Montana Technologies based and how big is it?
- Montana Technologies is based in Ronan, Montana, United States.
- Who are the decision-makers at Montana Technologies?
- Fundz holds 1 contact at Montana Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Water and Water Purification around the same time
Companies in the same sectors as Montana Technologies that raised within 45 days of this round, from Fundz verified event records.
- Water Kinetics raised $196K (Pre-Seed) on March 25, 2024.
- Cadiz raised $57M (Funding Round) on March 6, 2024.
- Wase raised $11M (Seed) on March 27, 2024.
- Fluid Analytics raised $1.6M (Pre-Series A) on March 15, 2024.
- NALA Membranes raised $1.2M (Seed) on January 26, 2024.
Who to call at Montana Technologies, and when
A new round usually means Montana Technologies is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Montana Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Montana Technologies, from your own LinkedIn network
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Related People
Montana Technologies 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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