Summit Carbon Solutions Announces Successful Completion Of $1+ Billion Equity Raise Following $300 Million Investment From Tpg Rise Climate
Amount Raised
$300 Million
Round Type
Venture
Description
Today, Summit Carbon Solutions ("Summit"), developer of the world's largest carbon capture and storage project, which will capture and permanently store up to 20 million tons per year of carbon dioxide from dozens of ethanol and other industrial facilities across the Midwestern United States, is pleased to announce the successful completion of its equity fundraising efforts, which have resulted in over $1 billion in total equity commitments.
Quick answer
Summit Carbon Solutions raised $300 Million in a funding round, dated May 11, 2022.
- How much did Summit Carbon Solutions raise?
- Summit Carbon Solutions raised $300 Million in a funding round on May 11, 2022.
- What does Summit Carbon Solutions do?
- As the state's largest leaseholder and producer, no company knows the geology better than we do.
Source: Fundz verified event record.
Who else raised in Education and Administrative Services around the same time
Companies in the same sectors as Summit Carbon Solutions that raised within 45 days of this round, from Fundz verified event records.
- The Liberty Group raised an undisclosed amount (Funding Round) on June 23, 2022.
- Elevate K-12 raised $40M (Series C) on June 16, 2022.
- Vanta raised $150M on June 16, 2022.
- Spendflo raised $4.4M (Seed) on June 14, 2022.
- Prenda raised $20M (Funding Round) on June 13, 2022.
- MoEngage raised $77M on June 10, 2022.
Who to call at Summit Carbon Solutions, and when
A new round usually means Summit Carbon Solutions is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Summit Carbon Solutions raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Summit Carbon Solutions, from your own LinkedIn network
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Fundz sees it the moment Summit Carbon Solutions raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Summit Carbon Solutions raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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