Reported 2 days ago
The California-based Equatic has successfully completed a Series A funding round, raising $11.6 million led by Catalytic Capital for Climate and Health (C3H) to support its first commercial carbon dioxide removal facility. This investment will enhance Equatic's innovative technology that combines carbon dioxide capture and green hydrogen production, facilitating significant advancements in scaling their operations. The technology has already been piloted in Los Angeles and Singapore, with future expansions planned, highlighting Equatic's role in tackling climate change through effective carbon management solutions.
Source: YAHOO