Raising $2M with FasterCapital Drifter is Tackling the Issue of CO2 Emissions


Posted September 25, 2024 by FasterCapital

The company is founded by Stephon Stewart and is currently raising $2M and is based in the United States. The startup has joined the LaunchUp program which is a program run by FasterCapital helping startups

 
DRIFTER is a groundbreaking startup focused on tackling the urgent issue of carbon dioxide (CO2) emissions in heavily industrialized areas. Our innovative solution involves the deployment of CO2 autonomous drones equipped with cutting-edge technology to extract CO2 directly from the sky, essentially acting as janitors in the skies.

The company is founded by Stephon Stewart and is currently raising $2M and is based in the United States. The startup has joined the LaunchUp program which is a program run by FasterCapital helping startups and SMEs raise capital in an efficient way. The program matches the startup with over 155K angels around the world and provides them with all the support they need from financial planning to improving their pitching materials to following up with the funding sources.

Mr. Hesham Zreik, CEO of FasterCapital, commented, "Our program is a great way for startups at early stages to get all the support they need to get funded. We are thrilled to be working with the team at Drifter to help them achieve their goals."

Stephon Stewart, CEO of Drifter, comments, “Our team is thrilled to start this journey with FasterCapital. We would love to execute our vision.”
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Issued By FasterCapital
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Business Address Grandstand, 0612, 6th floor, Meydan Freezone, Meydan Road, Nad Al Sheba, Dubai
Country United Arab Emirates
Categories Business , Finance , Industry
Last Updated September 25, 2024