Fundz

Raven SR secures $15M investment led by Ascent Funds for further growth in clean energy sector

PRIVATEApr 02, 2024

Amount Raised

$15 Million

Round Type

Venture

PinedaleManufacturingEnergySustainability

Investors

Stellar J Corp.Itochu Corp.Chevron New EnergiesAscent Funds

Description

Raven SR Inc. announced key board additions and an executive promotion, along with securing $15 million in new investments. The funding underscores confidence in Raven SR's proprietary Steam/CO2 Reforming technology, positioning the company for further growth and innovation in the clean energy sector.

Who else raised in Energy and Sustainability around the same time

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

  • Lucid Group raised $1B (Funding Round) on March 25, 2024.
  • Nouveau Monde Graphite raised $50M on February 28, 2024.
  • Matel raised $4M (Seed) on May 16, 2024.
  • Piersica raised an undisclosed amount (Grant) on May 13, 2024.
  • Hyperion Companies raised $335K (Seed) on May 10, 2024.
  • SinglePoint Inc. raised $1M (Seed) on May 8, 2024.

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Company Information

Company

RAVEN SR

Location

27 N MAYBELL AVE

Pinedale, Wyoming, United States

About

Raven SR, headquartered in Wyoming, transforms biomass, mixed municipal solid waste, bio-solids, sewage, medical waste, and natural or biogas into renewable fuels. Using its proprietary, non-combustion, non-catalytic "Steam/CO2 Reformation" technology, Raven SR dependably produces a hydrogen-rich syngas regardless of feedstock utilized. Raven SR, led by co-founders Matt Murdock and Matt Scanlon, is committed to adding value to local resources and communities while responsibly reducing greenhouse gases and achieving a low carbon economy. By using modular systems and producing low air emissions, their systems can be located closer to customers and feedstock, creating local fuel from local waste for local mobility. Visit https://ravensr.com.

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RAVEN SR 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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