Loading...
Loading...
mantel-boosted-by-2m-investment-for-industrial-ccus
mantel-boosted-by-2m-investment-for-industrial-ccus

Mantel boosted by $2m investment for industrial CCUS

Molten-salt based carbon capture technology Mantel has announced a $2m investment led by The Engine, the venture firm spun out of MIT that invests in early-stage Tough Tech companies. New Climate Ventures also participated in the seed round.

Mantel’s solution is the first high-temperature, liquid-phase carbon capture system and designed to operate at high temperatures found inside boilers, kilns, and furnaces, which raises efficiencies and reduces costs.

The funding will accelerate Mantel’s technology development, prototype testing and initial deployment, as it builds a platform of solutions to reduce emissions in hard-to-abate industries such as industrial heat, cement, steel, and hydrogen.

Additionally, the expansion of carbon capture tax credits in the new Infrastructure Reduction Act greatly enhances opportunities.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...
-->