Carbon Clean: Raises $8M in Series B Extension

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