Sublime Systems received $87M investment from the U.S. Department of Energy to accelerate commercial-scale, true-zero cement manufacturing technology.
Amount Raised
$87 Million
Round Type
Grant
HolyokeManufacturingInvestors
Description
Sublime Systems has been selected by the U.S. Department of Energy to begin award negotiations for up to $87 million in funding as part of the Industrial Demonstrations Program. The funding is intended to demonstrate commercial-scale decarbonization solutions for the cement manufacturing industry.
Quick answer
Sublime Systems raised $87 Million in a Grant round, dated March 25, 2024. Investors: U.S. Department Of Energy (Doe) Office Of Clean Energy Demonstrations (Oced). Sublime Systems is based in Holyoke, Massachusetts, United States.
- How much did Sublime Systems raise?
- Sublime Systems raised $87 Million in a Grant round on March 25, 2024.
- Who invested in Sublime Systems?
- U.S. Department Of Energy (Doe) Office Of Clean Energy Demonstrations (Oced) is named as investors in this round.
- What does Sublime Systems do?
- Sublime Systems is leading a swift and massive transition to a clean cement manufacturing future.
- Where is Sublime Systems based and how big is it?
- Sublime Systems is based in Holyoke, Massachusetts, United States. Fundz records about 130 employees.
- Who are the decision-makers at Sublime Systems?
- Fundz holds 1 contact at Sublime Systems. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Sublime Systems that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- Hadrian raised $11M on February 20, 2024.
- R3 Vascular raised $87M (Series B) on May 9, 2024.
- Aardvark Therapeutics raised $85M (Series C) on May 9, 2024.
- Li Industries raised $36M (Series B) on May 9, 2024.
- X-Bow Systems raised $46M on May 9, 2024.
Who to call at Sublime Systems, and when
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- An alert the day Sublime Systems raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Related People
Sublime Systems 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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