Recent wins

Won $5.4B in funding for a client base that spans leading large-multinational companies to top-tier venture capital-backed companies in key hard-tech industries such as semiconductor, advanced computing, advanced materials, aerospace and defense, industrial technologies and artificial intelligence.

Recent Highlights

$1.6B IN FEDERAL FUNDING AND FINANCING FOR USA RARE EARTH

Clark Street Associates advised USA Rare Earth on a landmark $1.6B federal investment, marking one of the largest equity-supported transactions completed by the U.S government with a commercial company to date. The investment includes a proposed $1.3 billion senior secured loan and $277 million in federal funding from the Department of Commerce, alongside substantial private investment.

The investment supports accelerating domestic rare-earth production and magnet manufacturing capabilities, which are critical to U.S. defense systems, advanced manufacturing, and next-generation technologies. The transaction is representative of the government’s growing commitment to strengthening critical mineral supply chains.

$75m IN NON-DILUTIVE FUNDING FOR large, publicly-traded semiCONDUCTOR COMPANY

Since 2020, CSA has advised a +$10B market cap semiconductor device company and secured over $75M in non-dilutive funding. The client continues to fund a variety of technology development and facility expansions for commercial operations supported by DoD Research and Development (R&D) programs, Defense appropriations, state incentives and DOD grant wins.

Notable awards include +$25M in defense appropriations and $43M in programmatic funding. The awards have reduced the capital intensity of modernization projects by ~50% and ensure the Company’s ability to remain a technology leader through ongoing SOTA defense projects.

Semiconductor

Won the largest quantum computing grant ever awarded to a commercial company

Won 2 of the first 8 CHIPS awards including the largest award

Won > 25% of all 2023 CHIPS dollars awarded i

Won 4 grants from the CHIPS ME Commons program

CSA secures $200M in funding for gigafactory expansion by international advanced chemicals manufacturer

PROJECT: A leading international chemicals manufacturer needed to find the ideal site for its 1st major US manufacturing plant. CSA quickly identified the best state and the ideal site with over $200M of State and Federal incentives. Highlights include:

  • >75% of the incentives were cash-based

  • Multiple Federal wins from different offices

  • Secured 50% Federal matching program from the State along with numerous other incentives

RESULT: The incentives CSA obtained for its client will subsidize more than 50% of the cost of building their first US plant.

Advanced energy

Won 5 of 20 grants from the IIJA Advanced Energy Manufacturing program (30% of total funds)

Won the largest IIJA electrolyzer manufacturing grant

Won 5 IRA 48C awards out of 1000+ applicants

CSA Wins over $70m in funding for innovative building materials client

PROJECT: CSA worked to secure non-dilutive funding from the Federal Government and led the site selection process for a next generation building materials company seeking to scale their manufacturing in the US. Leveraging the firm’s cumulative site selection experience, relationships and capability, CSA was able to quickly identify a key shortlist of eligible sites which met the mandated operational and Federal requirements, arrange visits, negotiate substantially improved incentive packages from the State via competitive auction and build a compelling, winning application for Federal dollars.  

RESULT: The client was awarded $32M from the Federal Government and an additional $43M in state incentives for our client’s new factory to enhance manufacturing capabilities in the Midwest.

Testimonials

Jason Huang, CEO & Co-Founder of TS Conductor

“As a fast-growing tech company transitioning into manufacturing, change is constant for us, and it’s rare to find consultants who can keep up—especially lobbyists. Clark Street was different. Their team demonstrated an impressive ability to adapt at every stage of our project. Whenever our needs shifted, they didn’t miss a beat, adjusting their strategy to ensure our funding objectives stayed aligned with our evolving business goals. Traditional lobbyists don't have the kind of understanding to be able to do that, but Clark Street was proactive and responsive throughout, anticipating the impact of each change and finding new ways to keep our project on track. Their approach has been invaluable in helping us secure a large amount of nondilutive funding to accelerate our growth, even in the face of rapid change.”

Deep Understanding without the Handholding: “Our technology is complex, and we struggled to find a government consultant who could understand it well enough to be effective without us having to do all the work. Clark Street’s approach—combining deep technical, business, and government expertise in multidisciplinary teams—allowed them to get up to speed fast and bring real strategic insight without us needing to be in every meeting. They were able to craft and communicate a compelling strategy on our behalf, positioning us for substantial funding that has been transformative. Clark Street’s ability to understand and advocate for our technology independently, without our constant oversight, is exactly what we were looking for in a partner.”

Peter Chapman, CEO of IonQ

“In the past, we’ve worked with grant writers who promised end-to-end support but only polished up what we had already created. Clark Street stands out in every way—they took the time to thoroughly understand our technology and business priorities, crafting a strategy that went beyond appearances. They collaborated closely with our government affairs team but brought in an extra layer of depth and strategic focus. With Clark Street, we didn’t just apply for grants; we set ourselves up to win, and the results have been nothing short of game-changing”

Ben Schuler, CEO & Founder of Infinitum

Scott Thomsen, CEO & Co-Founder of LuxWall

“Clark Street took a completely different approach to identifying our new manufacturing site and securing incentives than we’ve seen with real estate brokers. What set their approach apart was they integrated incentive negotiation into the site selection process from the very beginning, rather than leaving the negotiations until after we picked the site.  Their team was able to successfully navigate the bumps in the road that invariably manifest in a site selection process.  They were able to meet our aggressive timeline for completing the selection process, and delivered a significantly higher incentive package than we would have received on our own.”

“The Clark Street team combines technical, business, and government expertise in a uniquely effective way. Their approach feels like working with a colleague who understands our technology and knows our goals, not a typical lobbying firm. CSA was a significant financial investment for us, but it’s one of the best investments we’ve made. They were the key difference maker for us in a recent major Department of Energy grant award.”

Chance Allen, Chief Operating Officer of Terra CO2

“Clark Street promised results that went beyond what we expected from traditional consultants—and they delivered.  They didn’t just secure funding that aligns directly with our key initiatives, they also established partnerships to support the workforce development needed to drive our commercial success.  They accomplished this by working closely with our own experts, to truly understand what we needed and go after it without draining our own resources. By combining technical, business, and government expertise, Clark Street has brought an impactful, high-value approach that complements and amplifies our existing government affairs efforts. Working with them has proven to be one of the smartest investments in our U.S. growth strategy.”

Kathy Ayers, VP of Research & Development at Nel Hydrogen

Disclaimer: These testimonials may not be representative of the experience of other customers. There is no guarantee of future performance or success.  Each individual customer experience may differ and vary, and may not always be representative of the services paid for.