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Montana Technologies secures $10M investment from Rice Investment Group · Endata

◂ Announcements

Feb 20, 2024INVESTMENTUnited States

Montana Technologies secures $10M investment from Rice Investment Group

Montana Technologies announced a $10 million investment from Rice Investment Group as part of a private capital consortium led by Carrier Ventures, to accelerate commercialization of its AirJoule HVAC system. The investment supports Montana's business combination with Power & Digital Infrastructure Acquisition II.

Value

$10.0M

Status

Announced

ProductsAirJoule HVAC system

CompaniesMontana Technologies Rice Investment Group investor Carrier Ventures investor

Sectors#HVAC and Industrial Refrigeration

“The investment from Rice will accelerate the commercialization of Montana’s patented AirJoule® system.”news.spacconference.com

1 source
news.spacconference.comMontana Technologies Secures $10M Investment to Support Power & Digital Infrastructure II Deal | DealFlow's SPAC NewsSteve EvansFeb 20, 2024

Summarized from public sources; check the original articles before acting on it.

More from Montana Technologies

Mar 12, 2024PARTNERSHIPUnited States
GE Vernova and Montana Technologies form AirJoule dehumidification joint venture
GE Vernova partner Montana Technologies partner facilitiesdive.com
Mar 11, 2024PARTNERSHIPCambridge, MA and Ronan, MT, United States
GE Vernova and Montana Technologies form AirJoule joint venture
GE Vernova partner Montana Technologies partner ge.com
Jan 29, 2024PARTNERSHIPUnited States
Montana Technologies and GE Vernova agree to form joint venture for HVAC and water harvesting
General Electric partner Montana Technologies partner airjouletech.com
Jan 29, 2024PARTNERSHIPUnited States
Montana Technologies and GE Vernova agree to form joint venture for AirJoule HVAC systems
GE Vernova partner Montana Technologies partner sec.gov
Jan 29, 2024PARTNERSHIPUnited States
Montana Technologies and GE Vernova form joint venture for air conditioning and water harvesting
BASF supplier GE Vernova partner prnewswire.com
Jan 10, 2024PARTNERSHIPUnited States$10.0M
Carrier partners with Montana Technologies to commercialize AirJoule HVAC system
Carrier Global Corporation Montana Technologies partner facilitiesdive.com

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