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Lancium Closes $150M In Financing To Advance Ambitious Growth Strategy

Nov 23, 2021•almost 4 years ago

Amount Raised

$150 Million

HoustonEnergySustainabilityAppsSoftware

Description

Lancium Technologies Corporation ("Lancium"), a technology company focused on the energy transition, today announced that it closed $150 million in financing from leading energy companies and investors. Hanwha Solutions, one of the world's prominent providers of clean energy solutions and owner and operator of Q CELLS, leads this financing round. Lancium also received support from Novawulf and other strategic energy investors, as well as participation from SBI Holdings and other existing, early-stage investors.

Company Information

Company

Lancium

Location

Houston, Texas, United States

About

Lancium is a technology company creating software, technical solutions and energy infrastructure that together are decarbonizing the grid. Lancium strives to be the leader in green, low-cost infrastructure that will power the next generation of cryptocurrency mining and other distributed energy-intensive applications. Its solutions help ensure that renewable energy can power our future. Lancium has numerous issued and pending patents. For more information, visit www.lancium.com, and follow Lancium on Twitter and LinkedIn.

Funding Insights

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