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44.01 raised $37M in a Series A funding led by Equinor Ventures and Shorooq Partners to advance its carbon mineralisation technology

PRIVATEJul 15, 2024

Amount Raised

$37 Million

Round Type

Series A

ManufacturingRenewable EnergyEnvironmental Services

Investors

Breakthrough Energy VenturesSumitomo CorporationSiemens Financial ServicesSalica Oryx FundPlanet A VenturesInnovation Development OmanClimate InvestmentAmazon’s Climate Pledge FundAlumni VenturesAir Liquide Venture CapitalShorooq PartnersEquinor Ventures

Description

44.01 has completed a $37m Series A funding round co-led by Equinor Ventures and Shorooq Partners. Other notable investors include Air Liquide Venture Capital, Alumni Ventures, Amazon’s Climate Pledge Fund, Climate Investment, Innovation Development Oman, Planet A Ventures, Salica Oryx Fund, Siemens Financial Services, and Sumitomo Corporation. This funding will enable 44.01 to further develop its technology and expand its deployment internationally in order to address climate issues.

Quick answer

44.01 raised $37 Million in a Series A round, dated July 15, 2024. Investors: Breakthrough Energy Ventures, Sumitomo Corporation, Siemens Financial Services, Salica Oryx Fund, Planet A Ventures, Innovation Development Oman, Climate Investment and Amazon’s Climate Pledge Fund.

How much did 44.01 raise?
44.01 raised $37 Million in a Series A round on July 15, 2024.
Who invested in 44.01?
Breakthrough Energy Ventures, Sumitomo Corporation, Siemens Financial Services, Salica Oryx Fund, Planet A Ventures, Innovation Development Oman, Climate Investment and Amazon’s Climate Pledge Fund are named as investors in this round.
What does 44.01 do?
44.01 is a company specializing in carbon dioxide (CO2) mineralisation technology, offering a safe, permanent, and scalable solution to CO2 elimination.
Who are the decision-makers at 44.01?
Fundz holds 1 contact at 44.01. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Renewable Energy and Environmental Services around the same time

Companies in the same sectors as 44.01 that raised within 45 days of this round, from Fundz verified event records.

  • Mojave Energy Systems raised $9.6M on August 29, 2024.
  • Calectra raised $2M (Pre-Seed) on August 26, 2024.
  • pH7 Technologies raised $1M (Seed) on August 23, 2024.
  • Aptera Motors raised $200K (Seed) on August 23, 2024.
  • Aalo raised $27M (Series A) on August 15, 2024.
  • Gaussion raised $12M (Series A) on August 12, 2024.

Who to call at 44.01, and when

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Company Information

Company

44.01

About

44.01 is a company specializing in carbon dioxide (CO2) mineralisation technology, offering a safe, permanent, and scalable solution to CO2 elimination. Their technology has already been piloted in Oman and the UAE and has the potential for CO2 mineralisation on every continent, making it a truly global climate solution.

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Fundz sees it the moment 44.01 raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

44.01 raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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