Earthly Labs wants to capture as much as 20 times the CO2 from large craft breweries, meet the CO2 conversion needs of wineries, distilleries and cannabis, and accelerate the availability of its offerings in the Canadian market immediately.
To help push forward such effort, the small-scale carbon capture systems provider receives a $5m minority investment from Chart Industries, a manufacturer of liquefaction and cryogenic equipment.
In addition to completely the minority investment, Chart Industries has also signed a Memorandum of Understanding (MoU) to formalise its relationship and accelerate Earthly Labs’ high demand into even higher order and revenue growth.
Earthly Labs’ market-driven solution is unique in the carbon capture space, offering quick installation, fast payback, and a cloud-based software solution enabling real-time CO2 capture insights and ongoing value.
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