Brilliant Planet Limited Announces The Closing Of Its $12 Million Series A Funding Co-Led By Union Square Ventures And Toyota Ventures
Brilliant Planet Limited Announces The Closing Of Its $12 Million Series A Funding Co-Led By Union Square Ventures And Toyota Ventures
04/06/22, 10:00 AM
Location
Money raised
$12 million
Round Type
series a
Brilliant Planet Limited (formerly Susewi Ltd), the nature-based carbon capture and storage company, today announced the closing of its oversubscribed $12 million Series A funding co-led by Union Square Ventures and Toyota Ventures. Additional and follow-on investors include Future Positive Capital, AiiM Partners, S2G Ventures, Hatch and Pegasus Tech Ventures.
Company Info
Location
london, ontario, canada
Additional Info
Brilliant Planet is unlocking the power of algae as an affordable method of permanently and quantifiably sequestering carbon at the gigaton scale. The company's innovative process enables vast quantities of microalgae to grow in open-air pond-based systems on coastal desert land. This is achieved without using fresh water, by harnessing a natural process that contributes to the health of oceans and air. For more information visit www.brilliantplanet.com
CONTACT:DEY. Kavita Tomlinson, +1 914 844-4451, ktomlinson@dey.nyc DEY. Andrew DeSio ,+1 267-987-3810, adesio@dey.nyc
Logo: https://mma.prnewswire.com/media/1780545/BPL_Logo.jpg
SOURCE Brilliant Planet Limited