ESG Venture Capital Funnels into Aether Diamonds
Posted on 03/07/2022
Impossible Diamond, Inc. is the holding company of New York-based Aether Diamonds. Aether Diamonds raised US$ 18 million in Series A funding led by Helena and was co-led by TRIREC and was joined by investors including SOUNDWaves, Khosla Ventures, and Social Impact Capital. The process to make diamonds includes feeding hydrocarbon raw material into specialized chemical vapor deposition reactors that are powered by 100% clean energy. Diamond crystals can start growing over the next few weeks.
Singapore-based TRIREC is an investment holding company concentrated on renewable energy and clean technology projects focused primarily in Asia Pacific and North America.
Aether Diamonds manufacturers diamonds, essentially the diamonds are lab-grown. The diamonds are made from atmospheric carbon.