# Fast Radius to merge with SPAC ECP Environmental Growth Opportunities Corp.

Fast Radius, a cloud manufacturing solutions provider, announced a definitive business combination agreement with ECP Environmental Growth Opportunities Corp., a SPAC. The combined company will have an estimated post-transaction equity value of $1.4 billion.

- Type: Acquisition
- Announced: 2021-07-19
- Where: United States
- Value: $1.40B
- Status: announced
- Products: cloud manufacturing solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Fast Radius](https://endata.com/companies/56555.md) (target)
- [ECP Environmental Growth Opportunities Corp.](https://endata.com/companies/56556.md) (acquirer)

## Sources

- [medium.com](https://medium.com/energize-insight/fast-radius-announces-planned-merger-with-ecp-environmental-growth-opportunities-corp-703ff89e21ba), 2021-07-19: "Fast Radius, the leading provider of cloud manufacturing solutions and an Energize portfolio company, today announced that it has entered into a definitive business combination agreement with ECP Environmental Growth Opportunities Corp."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.