TurbineOne Inc. announced it has received $36 million in a funding round led by The General Partnership. StepStone Group Inc. participated as a new investor in this transaction, which valued TurbineOne at $300 million post-money.
This investment marks StepStone Group's entry into supporting TurbineOne, indicating a strategic interest in the company's offerings. TurbineOne operates in a sector that attracts significant venture capital, reflecting its potential for growth and innovation.
StepStone's involvement as a new investor contributes to the capital base of TurbineOne, enabling the company to further develop its operations. This investment adds to StepStone's expanding portfolio of strategic holdings in private companies.
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