Who founded Summit Next Gen Holdings?

Summit Next Gen Holdings was founded by Bruce Rastetter in 2023.

How much funding has Summit Next Gen Holdings raised?

Summit Next Gen Holdings has disclosed $31.4M raised across 2 rounds.

Where is Summit Next Gen Holdings headquartered?

Summit Next Gen Holdings is headquartered in Alden, US.

Summit Next Gen Holdings

Alden, US · Founded 2023 · Delaware LLC

Find your way into Summit Next Gen Holdings

134 people in our graph share verified history with the Summit Next Gen Holdings team — schools, employers, funds. One of them is your warm intro.

Kyle McMahonunlockedknows Bruce Rastetter · together at Summit Agricultural Group (overlapped)

knows the team · via AmberWave

×10knows the team · via University of Iowa

Energy

Founders & leadership

Summit Next Gen Holdings was founded in 2023 by Bruce Rastetter.

Bruce Rastetter Managing Member and President of Managing MemberBruce Rastetter is Managing Member and President of Managing Member at Summit Next Gen Holdings, a Gulf Coast company producing sustainable aviation fuel from low-carbon ethanol. He previously founded or led Hawkeye Renewables, FS Bioenergia, Summit Carbon Solutions, and Amber Wave, and holds a bachelor's degree in political science from the University of Iowa.

Justin KirchhoffVice President of the Managing Member

Reported raises · per SEC filings

Form D private placements

$31.4M disclosed across 2 rounds · 2023–2024

▶$19.1MraisedJul 2024 · 58 investors · Other Energy

Rule 506(b)

Officers, directors & promoters on the filing

Bruce RastetterExecutive Officer
SNGMM, LLCExecutive Officer, Director
Justin KirchhoffExecutive Officer

Offering amount: $125M
Amount sold: $19.1M
Minimum investment: $20K
Proceeds to insiders: $4.4M
First sale: Jul 2024
Incorporated: Limited Liability Company, Delaware, 2023
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$12.3MraisedApr 2023 · 118 investors · Other Energy

Rule 506(b)

Officers, directors & promoters on the filing

Bruce RastetterExecutive Officer
SNGMM, LLCExecutive Officer, Director
Justin KirchhoffExecutive Officer

Offering amount: $15M
Amount sold: $12.3M
Minimum investment: $1.7K
Proceeds to insiders: $825K
First sale: Apr 2023
Incorporated: Limited Liability Company, Delaware, 2023
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

Who founded Summit Next Gen Holdings?: Summit Next Gen Holdings was founded by Bruce Rastetter in 2023.
How much funding has Summit Next Gen Holdings raised?: Summit Next Gen Holdings has disclosed $31.4M raised across 2 rounds.
Where is Summit Next Gen Holdings headquartered?: Summit Next Gen Holdings is headquartered in Alden, US.