$28M sweet spot round size
Most of their 5 investments are in rounds between $14M and $38M
1993
Ekona Power raised $62M on February 1, 2022
Investors: TransAlta, BDC Capital, Baker Hughes, Natural Gas Innovation Fund and Severstal
Undisclosed raised $38M on February 2, 2021
Investors: Orion Resource Partners (USA) LP and Severstal
Modumetal, Inc. raised undisclosed on December 18, 2019
Investors: Founders Fund, Vulcan, Steel Dynamics, Inc and Severstal
Arcanum Alloys raised $17M on July 29, 2019
Investors: Severstal
Modumetal, Inc. raised $14M on January 29, 2019
Investors: Founders Fund, SECOND AVENUE PARTNERS LLC, Vulcan Capital, Catamount Ventures and Severstal