Carbon Clean, a London, UK-based developer of carbon dioxide capture and separation technology, raised $8m in Series B funding.
Backers included new investor CEMEX and existing investors Equinor Ventures, ICOS Capital, and WAVE Equity Partners.
The capital raise extends Carbon Clean’s $22m Series B round announced in July 2020, bringing the total amount raised to $30m.
Led by Aniruddha Sharma, CEO, Carbon Clean is a global leader in CO2 capture technology which reduces the costs and environmental impacts of CO2 separation. The technology has been proven at scale in over 10 locations, including the UK, USA, Germany, India, Norway, and the Netherlands.
The company works with industries, such as cement, iron and steel, refineries and energy from waste, to reduce their carbon emissions and make a positive impact on climate change. Carbon Clean’s North America footprint currently includes operations in California, Chicago, Illinois and at the University of Kentucky.
FinSMEs
04/08/2021