Announced
Completed
Synopsis
EIP, a collaborative strategic investment firm, led a $62m Series A round in Reverion, a provider of reversible, carbon-negative power plants, with participation from Honda, EIC Fund, Extantia Capital, UVC Partners, Green Generation Fund, Doral Energy-Tech Ventures, and Possible Ventures. “Farmers with biogas plants struggle with regulatory retrofit demands and the limitations of traditional technologies. This customer segment is exactly where Reverion is entering the market,” Stephan Herrmann, Reverion CEO and Managing Director.
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