Rivan raises $34M to build synthetic gas infrastructure for Europe

Rivan, a company developing synthetic fuel to strengthen Europe’s energy security, has raised $34 million in funding led by IQ Capital. Previous investor Plural participated, with new investor Fundomo and angels, including: Thomas Wolf (Hugging Face),Matt Clifford (Entrepreneur First), andMarkus Villig (Bolt). This brings the company’s total raised to $46 million. Natural gas remains essential to Europe’s economy, from powering heavy industry to generating electricity and heating millions…

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