Koloma Raises $246M in Series B

Koloma has successfully raised $246M in a Series B at a $800M valuation led by Khosla Ventures, Amazon Climate Pledge Fund, United Airlines Ventures.

Company Overview

Koloma is a Energy company headquartered in Denver, CO, founded in 2021 with 80+ employees.

Natural hydrogen exploration and production startup

Fundraising Details

• Amount Raised: $246M
• Round Type: Series B
• Valuation: $800M
• Date: 2024-02-13
• Investors: Khosla Ventures, Amazon Climate Pledge Fund, United Airlines Ventures

About Koloma

Natural hydrogen exploration and production startup The company is positioned in the Energy sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Denver, CO
• Founded: 2021
• Team Size: 80+
• Industry: Energy

What This Means

This funding round demonstrates strong investor confidence in Koloma's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Energy sector continues to attract significant investment as companies innovate to meet evolving market demands. Koloma's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $800M valuation marks an important milestone for Koloma, positioning the company among notable players in the Energy industry.

Looking Ahead

With this new capital, Koloma is well-positioned to execute on its growth strategy and continue building innovative solutions in the Energy space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-02-13. For more information about Koloma, visit their headquarters at Denver, CO.