Fundz

Edac Labs Secures $3M Seed Funding For Carbon Removal Via Acid-Base Electrochemistry

PRIVATEAug 14, 2023

Amount Raised

$3 Million

Round Type

Seed

BaltimoreManufacturing

Investors

Grantham Foundation For The Protection Of The Environment

Description

Electrochemistry innovator EDAC Labs announces $3M in seed funding to scale up its unique carbon removal technology. The round was led by the Grantham Foundation for the Protection of the Environment, an early-stage investor in climate-related innovations, together with a prominent set of angel investors.

Who else raised in Manufacturing around the same time

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

  • Lumi raised an undisclosed amount (Seed) on September 28, 2023.
  • RedHill Biopharma Ltd raised $4M (Seed) on September 28, 2023.
  • Triastek raised $20M (Funding Round) on September 28, 2023.
  • Trautec raised an undisclosed amount (Series B) on September 28, 2023.
  • BioProtect raised $28M (Funding Round) on September 27, 2023.
  • UnitX raised $5M (Funding Round) on September 27, 2023.

Who to call at EDAC Labs, and when

A new round usually means EDAC Labs is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

EDAC Labs

Location

Baltimore, Maryland, United States

About

EDAC Labs is a spin-out from Professor Chao Wang's lab at Johns Hopkins University School of Engineering. We're committed to the development of negative-emission technologies and decarbonization through affordable, scalable direct air capture of carbon dioxide, carbon-negative mining, and other Ph swing applications.

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EDAC Labs 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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