Foley Represents Envisioning Partners as Lead Investor in Series A Funding for Dimensional Energy

Foley & Lardner LLP represented Envisioning Partners as the lead investor in the Series A financing for Dimensional Energy, a global leader in carbon utilization technology, Sustainable Aviation Fuel (SAF) production, and advanced carbon emissions-derived fuels and materials. Additional investors included United Airlines’ Sustainable Flight Fund, Microsoft’s Climate Innovation Fund, RockCreek Group’s Smart Aviation Futures fund, DSC Investment, Delek US, New York Ventures, Climate Tech Circle, and continuing support from existing investors New Climate Ventures, Elemental Excelerator, Chloe Capital, and Launch New York, among others.

Dimensional Energy’s cutting-edge technology transforms carbon dioxide emissions into SAF, renewable diesel, and a base synthetic paraffin that can be refined into over 6,000 everyday products. Utilizing carbon emissions and renewable energy reduces lifecycle emissions for hydrocarbon fuels. Dimensional Energy plans to use the funds to accelerate SAF production and decarbonization.

Envisioning is a leading impact investing venture capital firm based in Seoul, Korea. The company invests in innovative startups addressing critical problems of our time, particularly climate change, in Korea and the U.S. As of December 2023, Envisioning has a portfolio of 45 companies in Korea, the U.S., Singapore, and Vietnam.

The Foley team was led by partner Louis Lehot and included of counsel Alidad Vakili and associates Ashley Lee and Wesley Choi.

Foley’s Venture & Growth Capital attorneys understand the complex and diverse needs of both venture funds and their portfolio companies and offer a broad range of services at each stage of development. The attorneys have insight into the unique needs of high-growth companies operating in the technology, life science, smart manufacturing, and clean energy sectors.