Skyonic Secures $128,000,000 Series C Round

  • Feed Type
  • Date
    6/26/2013
  • Company Name
    Skyonic
  • Mailing Address
    900 S. Capital of Texas Hwy Austin, TX 78746
  • Company Description
    At Skyonic, we believe that clean air and economic growth are not mutually exclusive. We believe that mineralizing CO2 emissions is the best-available method for reversing global warming.
  • Website
    http://www.skyonic.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $128,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The $128 million will be used to support the construction of the world’s first commercial-scale carbon capture and mineralization plant & ill also help support the advancement of Skyonic’s global IP portfolio of profitable carbon chemistry solutions and other R&D and operations expenses.
  • M&A Terms
  • Venture Investor
    Cenovus Energy
  • Venture Investor
    BlueCap Partners
  • Venture Investor
    Toyo-Thai Corporation
  • Venture Investor
    Energy Technology Ventures