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C-Zero Raises $11.5M Series A to Produce Clean Hydrogen from Natural Gas

Feb 09, 2021over 4 years ago

Amount Raised

$11 Million

Round Type

series a

Santa Barbara

Description

C-Zero Inc., a pioneer in natural gas decarbonization, announced today that it has raised $11.5 million in a Series A funding round co-led by Breakthrough Energy Ventures and Eni Next, with participation from Mitsubishi Heavy Industries (MHI) and AP Ventures. The funding will accelerate the first commercial-scale deployment of C-Zero’s drop-in decarbonization technology, which will allow industrial natural gas consumers to avoid producing CO2 in applications like electrical generation, process heating and the production of commodity chemicals like hydrogen and ammonia.

Company Information

Company

C Zero

Location

Santa Barbara, California, United States

About

C-Zero is commercializing a proprietary process for transforming natural gas into clean hydrogen and a solid carbon co-product. For more information, visit www.czero.energy.

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