Fundraising FoxSummit Next Gen Holdings
Alden, US · Founded 2023 · Delaware LLC
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Founders & leadership
Summit Next Gen Holdings was founded in 2023 by Bruce Rastetter.
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Bruce RastetterManaging 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.
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Reported raises · per SEC filings
Form D private placements$31.4M disclosed across 2 rounds · 2023–2024
▶$19.1MraisedJul 2024 · 58 investors · Other EnergyRule 506(b)
▶$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
▶$12.3MraisedApr 2023 · 118 investors · Other EnergyRule 506(b)
▶$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
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.