EarthGrid Raises USD 3.3m on Netcapital Funding Platform.

INTERNET BUSINESS NEWS-(C)1995-2023 M2 COMMUNICATIONS

Digital private capital markets ecosystem Netcapital Inc. (NASDAQ: NCPL) (NASDAQ: NCPLW) has completed a USD 3.3m capital raise by plasma boring technology and infrastructure development company EarthGrid Public Benefit Corp., the company said.

EarthGrid raised approximately USD3.3 m on Netcapital's funding portal platform, as part of a USD30 m seed funding round, to support the production of tunnel boring robots, to be used to create a network of underground transmission lines across the country.

EarthGrid PBC has developed proprietary...

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