Malta Inc. announced that it has received $21.612798 million in funding from Alfa Laval Corporate AB, Siemens Energy Ventures, Piva, Proman AG, Breakthrough Energy LLC, Chevron Technology Ventures L.L.C.
December 30, 2023
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On December 1, 2023, Malta Inc. closed the transaction. The company received $21,612,797 total gross proceeds in the transaction. The transaction included participation from new investor, Siemens Energy Ventures and returning investors, Alfa Laval Corporate AB, Piva, Proman AG, Breakthrough Energy LLC, and Chevron Technology Ventures L.L.C. The transaction included participation from 5 investors pursuant to Regulation D.
Alfa Laval AB specializes in the design, manufacturing and marketing of equipment and industrial systems for heating, cooling, separating and transporting of substances (oil, water, chemical and food substances, drinks, drugs, etc.). The activity is organized mainly arounf two families of products:
- solid and liquid treatment systems: systems for cooling, evaporation, extraction, drying, etc. intended primarily for the food processing, pharmaceutical, petrochemical, and energy sectors;
- production process equipment: decanters, heat exchangers, pumps, valves, air and liquid filtration systems, etc.
Net sales are distributed geographically as follows: Sweden (2.2%), Europe (32.5%), China (14.1%), South Korea (5.5%), Asia (18.2%), United States (16.7% ), North America (2.1%), Latin America (5.6%), Africa (1.9%) and Oceania (1.2%).
Malta Inc. announced that it has received $21.612798 million in funding from Alfa Laval Corporate AB, Siemens Energy Ventures, Piva, Proman AG, Breakthrough Energy LLC, Chevron Technology Ventures L.L.C.