![]() Top themes: platforms, greener products and capture technology CO2 levels are now more than 50% higher than they were before the onset of the industrial era. This spring, measured CO2 levels climbed further into territory not seen for millions of years, according to a June report from scientists from the National Oceanic and Atmospheric Administration and Scripps Institution of Oceanography. Unfortunately, there’s also more carbon dioxide floating around than ever. To date, companies on this list alone have raised over $1.25 billion in equity funding. On the software side, meanwhile, Supercritical, a London-based operator of a carbon removal offsets marketplace, landed $13 million in a June Series A.Įvidently, there’s plentiful capital to go around for companies innovating around infrastructure, software and materials with an eye to capturing and storing more atmospheric carbon and industrial waste. On Tuesday, CarbonCure Technologies, a Nova Scotia-based carbon removal startup focused on the concrete industry, announced it raised $80 million.Ī few weeks before that, Charm Industrial, a San Francisco startup that uses plant matter and bio-oil to sequester carbon, picked up $100 million in Series B funding. ![]() The past few weeks have been particularly busy. It’s a global cohort, with financings in six continents spanning from São Paulo to Stockholm. ![]() This past year, over half a billion dollars has gone to dozens of upstarts working on technologies to reduce industrial carbon emissions, store captured CO2, and navigate the complex landscape of carbon credits. While most startup sectors have seen diminished funding in recent quarters, carbon capture- and storage-focused companies look like a notable exception.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |