CarbonCapture Inc. closes $80 million Series A financing

CarbonCapture closes $80 million Series A financing

We're proud to announce the successful completion of our $80 million Series A financing following the addition of multiple strategic investors that include Amazon's Climate Pledge Fund, Aramco Ventures, and Siemens Financial Services. The financing was led by Prime Movers Lab, a leading investor in breakthrough scientific startups, with participation from Idealab X, Marc Benioff's TIME Ventures, Neotribe Ventures, Alumni Ventures, and several other venture investors. Funds will be used to further technology development and to field early installations of CarbonCapture's modular DAC systems.

Read the full announcement.