Recarbon, Inc. announced that it has received $25 million in funding from POSCO, GS Holdings Corp. and other investors

On January 26, 2022, Recarbon, Inc. closed the transaction. The company has issued 44,690,740 series B-1 preferred stock for gross proceeds of $24,999,999.956 in the transaction. The transaction included participation from strategic and financial investors including new investors POSCO Holdings Inc. for $7,000,000 and GS Holdings Corp.