pHathom Technologies secures a $50,000 equity investment from NBIF to enhance its pioneering environmental technology initiatives.
Target Information
pHathom Technologies, led by Dr. Kimberly Gilbert, is a pioneering company focused on addressing environmental challenges through the integration of chemistry and artificial intelligence. With a commitment to innovative solutions, the company aims to advance sustainable practices across various industries, positioning itself as a leader in environmentally responsible technology.
The recent equity investment from NBIF marks the second phase of financial support for pHathom Technologies, following a prior investment of $100,000. This latest funding will specifically help finance the operational costs of their pilot plant located at the Gulf Coast Carbon Center in Texas, enabling the company to further its research and development efforts.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The environmental technology sector is experiencing significant growth, driven by increasing global concerns about climate change and sustainability. In the United States, companies are increasingly sought out for their innovativ
Similar Deals
Clean Energy Ventures → Transaera Inc.
2024
Framework Ventures and Union Square Ventures → Glow
2023
NBIF
invested in
pHathom Technologies
in 2024
in a Seed Stage deal
Disclosed details
Transaction Size: $50M
Equity Value: $50M