.
MergerLinks Header Logo

New Deal


Announced

Completed

Insight Partners led a $111m Series B round in Project Canary.

Financials

Edit Data
Transaction Value£81m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

environmental solutions

Completed

Acquisition

Venture Capital

climate technology

Environmental / Waste Management

Cross Border

Private

Friendly

United States

Minority

Private Equity

Single Bidder

Synopsis

Edit

Insight Partners led a $111m Series B round in Project Canary, the Denver-based climate tech and environmental assessment company, with participation from Brookfield, Canada Pension Plan Investment Board, Carica Sustainable Investments, Quantum Energy Partners, Energy Impact Partners and Frontier Venture Capital. "The measurement economy has arrived – expectations for precise, verified environmental action are the new normal. We provide net-zero proof with trusted data that demonstrates ESG progress to all stakeholders. You can't get to net-zero using estimates," Chris Romer, Project Canary CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US