Carbon America Closes $30 Million Series A To Launch Carbon Capture Industry’S First Vertically Integrated Super Developer
Carbon America Closes $30 Million Series A To Launch Carbon Capture Industry’S First Vertically Integrated Super Developer
12/15/21, 12:00 PM
Location
arvadaMoney raised
$30 million
Industry
financial services
software
Round Type
series a
Carbon America, the first vertically integrated carbon capture and sequestration (CCS) super developer, today announced it has secured $30 million in Series A funding to deploy commercial projects and scale up its technology. Participating investors include the Canada Pension Plan Investment Board (CPP Investments), ArcTern Ventures, Energy Impact Partners, the Grantham Environmental Trust’s Neglected Climate Opportunities Fund, and Golden Properties. The shareholders will also have an option to invest an additional $15 million by April 2022 to support the company’s continued accelerated growth.
Company Info
Location
arvada, colorado, united states
Additional Info
Carbon America is a vertically integrated super developer of carbon capture and sequestration projects founded with a climate impact-focused mission to accelerate the technological, financial and operational maturity of CCS. More information can be found at carbonamerica.com.