Leading UK carbon capture solutions provider Carbon Clean is one step closer to reaching its goal of delivering gigatonne-scale decarbonisation for hard-to-abate industries by the mid-2030s following a US$150m funding round.
With the Series C round led by oil giant Chevron, Carbon Clean closed the largest ever equity funding round for a point source carbon capture company.
Having raised $195m to date, the company aims to become the world’s leading provider of carbon capture solutions for heavy industry, which accounts for 30% of global emissions.
Commenting on the funding round, Aniruddha Sharma, Chair, CEO, Carbon Clean, said, “We are at the forefront of sector innovation, delivering products that can genuinely change the world.”
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