Diligence memo · auto-generated · as of July 2, 2026

BKV dCarbon Project, LLC

BKV dCarbon Project, LLC has raised $48M over 1 round; too few niche peers to rank its valuation yet.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

BKV dCarbon Project, LLC operates in Environmental Services, based in WILMINGTON.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

BKV dCarbon Project, LLC has raised $48M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $48M on 2025-05-08.

Most recent recorded round closed around 2025-05-08.

Valuation (modeled)modeled

Provath models BKV dCarbon Project, LLC at approximately $315M (range $171M–$426M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Too few comparable companies in this niche to rank the valuation fairly yet.

Financing rhythm & timingmixed

Last raise 14 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

Comparablesmixed

Capital scale ranks ahead of 92% of Environmental Services peers (242 compared).

Modeled value ranks above 90% of those peers.

Peoplefiled

5 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.