HomeFinTechCquestr8: Raises $300K in Seed Funding

Cquestr8: Raises $300K in Seed Funding

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  • Cquestr8, a London, UK-based carbon sequestration solution provider, raised $800k in funding
  • The company also intends to use the funds for proof of concept development, ahead of customer engagement in 2022
  • Cquestr8 is a non-profit research group seeking billion-tonne-scale carbon dioxide removal (CDR) technologies
  • The first commercial project to graduate from Herculean Climate Solutions, the company has developed carbon sequestration solutions, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate
  • Cquestr8’s solutions target hard to decarbonise sectors also including cement, lime, and steel production
  • The company is currently working with the University of Malaya, Nottingham University and other partners on extensive validation of the reaction engineering and marine environment benefits
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