Houston region finance and VC highlights

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Finance deals of note for the Houston region

Lithium extraction firm raises $5 million

In a statement, the company, which also has offices in Vancouver, said the proceeds would be used for working capital needs, to accelerate research and development efforts, product development and technology adoption, and for preplacement orders of new direct lithium extraction processing plants for siting on customer brine resources.Thompson Safety, a provider of onsite first aid, fire and life safety services, said it received a strategic growth investment from Boston-based Berkshire Partners.

The Houston company announced the acquisitions of Demand Safety and Protect It first aid earlier this month. The company said it was planning to expand into more complex fire services, including suppression systems, sprinklers and alarms.The Venture Climate Alliance, created by venture capital firms to pursue net zero-aligned pathways for early-stage investments, launched April 25.

 

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