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Fundraise Feb 2024 Verified

Montana Technologies Expects $50 Million PIPE in Connection with Business Combination

As part of the business combination with XPDB, Montana Technologies expects to raise $50 million of PIPE capital. The funds are intended to fully fund operations through commercialization, production, and deployment of its AirJoule technology.

“Montana Technologies expects to raise $50 million of PIPE capital (2) , which will fully fund operations through commercialization, production, and deployment”

Entities

Montana Technologies LLC · Target Power & Digital Infrastructure Acquisition II Corp. · Acquirer
HVAC Sentiment: Positive

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