Rice Investment Group Commits $10M to Montana Technologies Ahead of SPAC Merger

Rice Investment Group has committed to invest $10 million in Montana Technologies as part of a private capital raise led by Carrier Ventures. The investment is intended to accelerate commercialization of Montana's AirJoule system and comes ahead of Montana's expected business combination with SPAC Power & Digital Infrastructure Acquisition II Corp.

“Rice Investment Group (“Rice”) has committed to invest $10 million in Montana as part of a private capital consortium led by Carrier Ventures.”

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