TechMet closes its second funding round at $120M finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
2 Min Read
(Reuters) - Mining investment firm TechMet, which counts the U.S. government as its largest investor, said on Thursday it had closed its second round of funding at $120 million, roughly 50% higher than initially expected.
The firm, which controls battery recycler Li-Cycle Corp, has now raised nearly $133 million between its two rounds of funding. TechMet plans to use the funds to continue investments in mines and other projects that produce metals used to make electric vehicles.
“Our industry must completely transform itself in order to supply these strategic materials in the quantities necessary,” said Brian Menell, TechMet’s chief executive.
U S Embassy and Consulates in India usembassy.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usembassy.gov Daily Mail and Mail on Sunday newspapers.
Rubicon Founders, a Nashville-based entrepreneurial firm focused on building and growing transformational healthcare companies.
The firm aims to build meaningful businesses that create enduring value by impacting people in a measurable way. Rubicon is focused on building ground up businesses through its team’s proven analytic process as well as driving transformational change through the purchase of large platform companies and related special opportunities.
Rubicon Founders also announced a partnership with two preeminent investment firms, Oak HC/FT and Welsh, Carson, Anderson & Stowe (WCAS).
Adam Boehler has founded three businesses and is widely regarded as a leader in the healthcare and private investment sectors. Most recently, Boehler founded and served as CEO of Landmark Health, a company delivering medical care to chronically ill patients in their homes. While at Landmark, he was recruited to lead healthcare innovation for the United States, serving as Senior Advisor
The Rockefeller Foundation
Updates 04.14.21
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The agency seeks opportunities to catalyze private sector investment ahead of President Biden’s Leaders Summit on Climate
WASHINGTON – U.S. International Development Finance Corporation (DFC) today announced a
Call for Applications from private companies seeking financing for distributed renewable energy (DRE)-related investments. Climate change and lack of reliable energy access both impact economic growth and livelihoods in developing countries around the world, and investments in DRE offer an opportunity to address both of these pressing problems. In support of President Biden’s Executive Order on Tackling the Climate Crisis at Home and Abroad and the administration’s Leaders Summit on Climate starting on April 22, the Call for Applications is one of the new climate and climate-focused investment initiatives the agency is pursuing to help developing countries reduce emissions, increase renewable energy usage, p