M2X Energy secures USD 40Mln in series B financing round

M2X Energy Announces $40 Million Series B Financing to Accelerate Commercial Operations

M2X Energy Inc., an end-to-end developer of modular, transportable gas-to-liquids systems that economically produce low-carbon methanol from stranded methane, announced yesterday a $40 million Series B financing round led by Conifer Infrastructure Partners (“Conifer”). Also participating in the round are the existing Series A investors including Breakthrough Energy Ventures (“BEV”), Eni Next, Add Ventures by SCG, and Autodesk Foundation. The funds will […]