BlueGreen Water Technologies raised millions in Series B2 funding led by TAU Capital and OurCrowd to accelerate water-based CO2 removal at scale.

Jul 17, 2024•over 1 year ago

Round Type

series b

MiamiEnvironmental Services

Investors

Our CrowdTau Capital

Description

BlueGreen Water Technologies successfully closed its Series B2 funding round, led by TAU Capital, with support from OurCrowd. The company will use the funding to accelerate market penetration rehabilitating entire aquatic ecosystems from toxic algal blooms and to continue the development of its carbon dioxide removal (CDR) business unit while cultivating new remediation project opportunities across global markets.

Company Information

Company

BlueGreen Water Technologies

Location

Miami, Florida, United States

About

BlueGreen Water Technologies is leading the charge in helping preserve and promote life on Earth. We are restoring, safeguarding and optimizing the health, safety, accessibility and biodiversity of waterbodies worldwide – including their wildlife, aquatic life, ecosystems and economies – by pioneering and applying proven scientific ingenuity and deep tech solutions. BlueGreen is the first and only company in the world to develop, obtain regulatory approval for and commercialize a technology suite that reverses the effects of climate change on waterbodies (starting with harmful algal blooms) and drastically reduces greenhouse-gas emissions (CO2 and methane). The multidisciplinary team of BlueGreen experts is exposing the secrets of lakes and oceans – detecting, analyzing, preventing and remediating some of the most complex and dynamic problems that plague the world's water systems.

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