Dimensional Energy Announces $20M Series A
2023-12-12
ITHACA, NY, Dimensional Energy announces the successful closure of a $20 million Series A funding round.
Dimensional Energy, a global leader in cutting-edge carbon utilization technology, Sustainable Aviation Fuel (SAF) production and advanced carbon emissions-derived fuels and materials, announces the successful closure of a $20 million Series A funding round. In addition, the climate tech company announces their filing of the Delaware Public Benefit Corporation Charter, the first step in becoming a certified B Corporation.
The funding round was led by Envisioning Partners, a prominent Korea-based impact venture capital fund with a strong global focus on climate investing, with strategic participation from United Airlines' Sustainable Flight Fund, Microsoft's Climate Innovation Fund, RockCreek Group's Smart Aviation Futures fund, DSC Investment, Delek US, New York Ventures, Climate Tech Circle, and continuing support from existing investors Elemental Excelerator, Chloe Capital, and Launch New York among others.
Dimensional Energy is a global leader in carbon-to-value technology. The company has offices in Houston, TX, laboratories and advanced prototyping in Ithaca, NY, and operates a fully integrated pilot plant in Tucson, AZ. The Tucson Technology Center serves as a testing ground for scaled technology and workforce development for a growing list of commercial plants around the world. Dimensional Energy is a full-service technology and engineering firm that can support commercial deployments for project developers, industrial carbon emitters, and strategic partners.
(c) by Massinvestor, Inc. For contact info, please check out our
about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors