About General Galactic
General Galactic is a company based in El Segundo (United States) founded in 2023 by Luke Neise and Halen Mattison.. General Galactic has raised $10 million across 2 funding rounds from investors including Seraphim, Plug and Play Tech Center and Harpoon Ventures. General Galactic offers products and services including Fossil-free natural gas and Genesis reactor. General Galactic operates in a competitive market with competitors including Elyse Energy, INERATEC, Lydian Labs, Synhelion and Nordic Electrofuel, among others.
- Headquarter El Segundo, United States
- Founders Luke Neise, Halen Mattison
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Seed
Nov 12, 2024
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Investors
Seraphim
& 9 more
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Employee Count
Employee Count
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Products & Services of General Galactic
General Galactic offers a comprehensive portfolio of products and services, including Fossil-free natural gas and Genesis reactor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Converts CO2 into a clean alternative for conventional natural gas.
Processes CO2 and hydrogen to create renewable hydrocarbon fuels.
Funding Insights of General Galactic
General Galactic has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $8 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $8.0M
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First Round
First Round
(01 Jul 2023)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - General Galactic | Valuation | Harpoon , Refactor Capital | |
| Jul, 2023 | Amount | Seed - General Galactic | Valuation | Climate Capital , Refactor Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in General Galactic
General Galactic has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Seraphim, Plug and Play Tech Center and Harpoon Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are made in American technological innovation.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across US and India.
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Founded Year | Domain | Location | |
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Seed & early stage tech-focused VC firm investing primarily in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by General Galactic
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - General Galactic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
General Galactic Comparisons
Competitors of General Galactic
General Galactic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Elyse Energy, INERATEC, Lydian Labs, Synhelion and Nordic Electrofuel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Production of e-methanol and sustainable aviation fuel
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| domain | founded_year | HQ Location |
Provider of chemical reactor technology to converts gases into liquid fuels
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| domain | founded_year | HQ Location |
Developer of technology to recycle CO2 emissions into carbon-neutral fuels
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| domain | founded_year | HQ Location |
Solar tower systems are developed for concentrated solar power applications.
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| domain | founded_year | HQ Location |
Renewable energy is converted into fuel and fossil replacement products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on General Galactic
Frequently Asked Questions about General Galactic
When was General Galactic founded?
General Galactic was founded in 2023.
Where is General Galactic located?
General Galactic is headquartered in El Segundo, United States. It is registered at El Segundo, California, United States.
Who is the current CEO of General Galactic?
Halen Mattison is the current CEO of General Galactic. They have also founded this company.
Is General Galactic a funded company?
General Galactic is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jul 01, 2023.
What does General Galactic do?
General Galactic was founded in 2023 in El Segundo, United States, within the renewable energy sector. Clean fuels are generated by converting air and waste CO2 streams through processes powered by renewable electricity. Carbon is captured from industrial waste, while hydrogen is produced from water using intermittent power sources. Operations focus on sustainable fuel solutions for broader energy applications.
Who are the top competitors of General Galactic?
General Galactic's top competitors include Elyse Energy, INERATEC and Synhelion.
What products or services does General Galactic offer?
General Galactic offers Fossil-free natural gas and Genesis reactor.
Who are General Galactic's investors?
General Galactic has 10 investors. Key investors include Seraphim, Plug and Play Tech Center, Harpoon Ventures, Refactor Capital, and Pathbreaker Ventures.