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Nouveau Monde Graphite Inc. raised $50M in a private equity investment led by Fonds de croissance du Canada and the government of Quebec to support phase 2 of its graphite operations.

PUBLIC · NMGDec 17, 2024

Amount Raised

$50 Million

Round Type

Private Equity

MontrealOtherManufacturingEnergySustainabilityScience And Engineering

Investors

Fonds De Croissance Du CanadaGovernment Of Quebec

Description

Nouveau Monde Graphite Inc. announced a capital investment of $50 million USD from Fonds de croissance du Canada and the government of Quebec to further its development towards commercial operations. This investment will support the advancement of detailed engineering and procurement of key equipment for its Matawinie mine and battery materials plant.

Quick answer

Nouveau Monde Graphite raised $50 Million in a Private Equity round, dated December 17, 2024. Investors: Fonds De Croissance Du Canada and Government Of Quebec. Nouveau Monde Graphite is based in Montreal, Quebec, Canada.

How much did Nouveau Monde Graphite raise?
Nouveau Monde Graphite raised $50 Million in a Private Equity round on December 17, 2024.
Who invested in Nouveau Monde Graphite?
Fonds De Croissance Du Canada and Government Of Quebec are named as investors in this round.
What does Nouveau Monde Graphite do?
NMG is striving to become a key contributor to the sustainable energy revolution.
Where is Nouveau Monde Graphite based and how big is it?
Nouveau Monde Graphite is based in Montreal, Quebec, Canada.
Who are the decision-makers at Nouveau Monde Graphite?
Fundz holds 4 contacts at Nouveau Monde Graphite, including the VP Chef Ingénieure Infrastructure & Environnement. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

Companies in the same sectors as Nouveau Monde Graphite that raised within 45 days of this round, from Fundz verified event records.

  • Electra Therapeutics raised $180M on December 18, 2024.
  • Mangrove Lithium raised $35M (Funding Round) on January 28, 2025.
  • Addis Energy raised $4.3M (Seed) on January 23, 2025.
  • MacroCycle raised $4M (Seed) on January 21, 2025.
  • SolidWatts raised $880K (Pre-Seed) on January 21, 2025.
  • Zeno Power raised $54M on January 21, 2025.

Who to call at Nouveau Monde Graphite, and when

A new round usually means Nouveau Monde Graphite is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Nouveau Monde Graphite raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Nouveau Monde Graphite

Location

Montreal, Quebec, Canada

About

NMG is striving to become a key contributor to the sustainable energy revolution. The company is working toward developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada, for the growing lithium-ion and fuel cell markets. With low-cost operations and enviable environmental, social and governance (ESG) standards, NMG aspires to become a strategic supplier to the world's leading battery and automobile manufacturers, providing high-performing and reliable advanced materials while promoting sustainability and supply chain traceability. NMG is listed on the NYSE under the symbol “NMG” and on the TSX-V under the symbol “NOU”.

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Fundz sees it the moment Nouveau Monde Graphite raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

4 contacts
Verified contactsMartine P., VP Chef Ingénieure Infrastructure & Env… hidden hidden hiddenSee plans and pricing
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Nouveau Monde Graphite 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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