Biz New Orleans: Climate Tech Company Co-Founded by LSU Grad Raises Over $5M

RALEIGH, N.C. – Raleigh, N.C.-based climate technology company Natrx, provider of nature-based infrastructure technologies, announced on Oct. 11 that it has raised over $3.5 million in an oversubscribed seed funding round led by Ponderosa Ventures and Oval Park Capital. This raise brings the company’s total funding to date to more than $5.2 million. Other participating investors include Fulcrum Financial Partners, Silverstrand Capital and Titan Cement, an international building and infrastructure materials business.

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