Persefoni Raises $101M in Series B

Persefoni has successfully raised $101M in a Series B at a $500M valuation led by Altimeter Capital, TPG Rise Climate, Clearvision Ventures.

Company Overview

Persefoni is a Climate Tech company headquartered in 1 East Liberty Street, Reno, NV 89501, founded in 2020 with 200+ employees.

Carbon accounting and management platform

Fundraising Details

• Amount Raised: $101M
• Round Type: Series B
• Valuation: $500M
• Date: 2024-09-04
• Investors: Altimeter Capital, TPG Rise Climate, Clearvision Ventures

About Persefoni

Carbon accounting and management platform The company is positioned in the Climate Tech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: 1 East Liberty Street, Reno, NV 89501
• Founded: 2020
• Team Size: 200+
• Industry: Climate Tech

What This Means

This funding round demonstrates strong investor confidence in Persefoni'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 Climate Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Persefoni's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $500M valuation marks an important milestone for Persefoni, positioning the company among notable players in the Climate Tech industry.

Looking Ahead

With this new capital, Persefoni is well-positioned to execute on its growth strategy and continue building innovative solutions in the Climate Tech 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 2024-09-04. For more information about Persefoni, visit their headquarters at 1 East Liberty Street, Reno, NV 89501.