Aries Clean Technologies has secured funding from Spring Lane Capital to restart operations and pay off bond series amidst company transitions.
Round Type
Funding Round
LindenBiotechnologyEnergyRenewable EnergyWaterWaste ManagementInvestors
Description
Aries Clean Technologies is looking to resume payments on two bond series thanks to fresh funding led by Spring Lane Capital. This will help the company kickstart operations at its first facility while transitioning to new leadership. The CEO transition comes after challenges faced at their Linden, NJ plant. The company aims to build a new facility in Maine as part of its growth strategy.
Quick answer
Aries Clean Technologies raised an undisclosed amount in a Funding Round round, dated July 31, 2024. Investors: Spring Lane Capital. Aries Clean Technologies is based in Linden, New Jersey, United States.
- How much did Aries Clean Technologies raise?
- Aries Clean Technologies raised an undisclosed amount in a Funding Round round on July 31, 2024.
- Who invested in Aries Clean Technologies?
- Spring Lane Capital is named as investors in this round.
- What does Aries Clean Technologies do?
- Aries Clean Technologies is a leader in biosolids gasification, focused on converting wastewater sludge into energy through innovative technology.
- Where is Aries Clean Technologies based and how big is it?
- Aries Clean Technologies is based in Linden, New Jersey, United States. Fundz records about 49 employees.
- Who are the decision-makers at Aries Clean Technologies?
- Fundz holds 5 contacts at Aries Clean Technologies, including the Senior Director of Engineering. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Aries Clean Technologies that raised within 45 days of this round, from Fundz verified event records.
- TerraCycle raised $800K (Seed) on September 3, 2024.
- Hadron Energy raised $9.9M on July 29, 2024.
- Active Membranes raised $2.3M on July 15, 2024.
- Active Membranes raised $5M (Seed) on July 11, 2024.
- Neo San raised $1.5M (Seed) on June 27, 2024.
- Vertus Energy raised $9.5M (Seed) on June 27, 2024.
Who to call at Aries Clean Technologies, and when
A new round usually means Aries Clean Technologies is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Aries Clean Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Aries Clean Technologies, from your own LinkedIn network
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Related People
Aries Clean Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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