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Transcend enables companies to design more sustainable and resilient critical infrastructure. We got an exclusive look at the 13-slide pitch deck it used to raise the Series B. With Transcend, designs can be iterated and compared as many times as needed to ultimately find the most cost effective or environmentally-friendly specification. They are split between asset owners themselves, engineering companies, and companies who pitch for infrastructure work, including infrastructure players Arcadis, Black and Veatch, Brookfield Asset Management. Currently a team of 80 in the US and Europe, Transcend plans to add headcount in its marketing and sales team.
Persons: Ari Raivetz, Raivetz, isn't Organizations: Princeton, Brookfield Asset Management, Autodesk, HG Ventures, Arosa Capital, Riverstone Holdings, Aspen Capital Group Locations: Brookfield, Europe
[1/2] Workers are seen at the production line of lithium-ion batteries for electric vehicles (EV) at a factory in Huzhou, Zhejiang province, China August 28, 2018. REUTERS/StringerFeb 1 (Reuters) - Michigan-based battery startup Our Next Energy (ONE) on Wednesday said it closed a $300 million Series B funding round that takes the three-year-old company’s valuation to $1.2 billion. The latest round, led by investors Franklin Templeton and Fifth Wall, makes Our Next Energy one of the most valuable privately held battery companies in the United States. Investors in the latest round include Temasek, Coatue, Riverstone Holdings, AI Capital Partners and Sente Ventures. The Series B round included an earlier $62.5 million convertible note closed with BMW iVentures, Assembly Ventures, Breakthrough Energy Ventures, Volta Energy Technologies, Flex and Coatue.
Register now for FREE unlimited access to Reuters.com RegisterThe Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah MoonSept 26 (Reuters) - Hammerhead Resources Inc plans to list on the Nasdaq by merging with blank check company Decarbonization Plus Acquisition Corporation IV (DCRD.O) in a C$1.39 billion ($1.02 billion) deal, a rare U.S.-listing for a Canadian oil and gas producer. Its decarbonization investment campaign across its asset base is estimated to require $240 million of capital between 2023 and 2029. CIBC Capital Markets and Peters & Co. Limited are acting as financial and capital markets advisers to Hammerhead. ($1 = 1.3652 Canadian dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Mehnaz Yasmin in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
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