KC8 Capture Technologies raised $10M to accelerate deployment of its carbon capture technology for hard-to-decarbonise heavy industries.
Jul 08, 2024•about 1 year ago
Amount Raised
$10 Million
Round Type
seed
MelbourneRenewable EnergyManufacturingInvestors
Unnamed Major Petrochemical CompanyVenture Arm Of Mexican Materials Giant CemexWoodside Energy (Asx: Wds)
Description
KC8 Capture Technologies, a Melbourne-founded startup catering to hard-to-decarbonise heavy industries like cement, steel and power generation, has raised $10 million to accelerate deployment of its technology and expand its team. The funding round was led by local and global leaders in energy, construction and chemical manufacturing including Woodside Energy (ASX: WDS), the venture arm of Mexican materials giant Cemex, and an unnamed major petrochemical company.
FundzWatch™ Score
10
Low Activity
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