Clean-tech startup Carbon Clean raises $16 million

Date posted: Thursday 20 February 2020

Carbon Clean Solutions has raised $16 million in fresh funding from US-based WAVE Equity Partners and Chevron Technology Ventures, and Japan’s Marubeni Corporation, as the clean-tech startup shores up capital in a highly competitive and evolving carbon capture industry. Carbon Clean said the fresh capital will be used to deliver an existing pipeline of projects globally and develop a containerised solution that it says will bring down the cost of CO2 capture to $30 per tonne by next year.

(ET Tech)