HomeFinTechCarbon Clean: Raises $8M in Series B Extension

Carbon Clean: Raises $8M in Series B Extension

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Carbon Clean Raises $8M in Series B Extension

  • 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 CarbonClean’s $22m Series B round announced in July 2020, bringing the total amount raised to $30m
  • CarbonClean 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
  • CarbonClean’s North America footprint currently includes operations in California, Chicago, Illinois and at the University of Kentucky
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