Fundraise Mar 2024 Verified
Montana Technologies Secures $50M+ Private Investment Led by Carrier, Rice, and GE Vernova
In conjunction with the business combination, Montana Technologies exceeded its $50 million minimum cash condition through a capital raise led by Carrier Global Corporation, Rice Investment Group, and GE Vernova.
“$50 million minimum cash condition was exceeded by securing private investments led by Carrier Global Corporation (“Carrier”), Rice Investment Group, and GE Vernova, among other third parties (the “Capital Raise”)”
Entities
Carrier Global Corporation · Sponsor GE Vernova · Sponsor Montana Technologies Corporation · Target Rice Investment Group · Sponsor
HVAC Sentiment: Positive
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.