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KC8 Capture Technologies raised $10M to accelerate deployment of its carbon capture technology for hard-to-decarbonise heavy industries.

PRIVATEJul 08, 2024

Amount Raised

$10 Million

Round Type

Seed

MelbourneManufacturingRenewable Energy

Investors

Venture 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.

Quick answer

KC8 Capture Technologies raised $10 Million in a Seed round, dated July 8, 2024. Investors: Venture Arm Of Mexican Materials Giant Cemex and Woodside Energy (Asx: Wds). KC8 Capture Technologies is based in Melbourne, Victoria, Australia.

How much did KC8 Capture Technologies raise?
KC8 Capture Technologies raised $10 Million in a Seed round on July 8, 2024.
Who invested in KC8 Capture Technologies?
Venture Arm Of Mexican Materials Giant Cemex and Woodside Energy (Asx: Wds) are named as investors in this round.
What does KC8 Capture Technologies do?
KC8 Capture Technologies is a Melbourne-founded startup that provides lower-cost and lower potential environmental impact carbon dioxide capture technology for hard-to-decarbonise heavy industries.
Where is KC8 Capture Technologies based and how big is it?
KC8 Capture Technologies is based in Melbourne, Victoria, Australia.
Who are the decision-makers at KC8 Capture Technologies?
Fundz holds 1 contact at KC8 Capture Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Renewable Energy and Manufacturing around the same time

Companies in the same sectors as KC8 Capture Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Aalo raised $27M (Series A) on August 15, 2024.
  • Gaussion raised $12M (Series A) on August 12, 2024.
  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • Advent Technologies Holdings raised $1M (Debt Financing) on August 5, 2024.
  • Dcubed raised an undisclosed amount (Series A) on August 5, 2024.
  • Wallbox raised $45M (Corporate Round) on July 31, 2024.

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Company Information

Company

KC8 Capture Technologies

Location

Melbourne, Victoria, Australia

About

KC8 Capture Technologies is a Melbourne-founded startup that provides lower-cost and lower potential environmental impact carbon dioxide capture technology for hard-to-decarbonise heavy industries. Their proprietary non-toxic solvent derived from a naturally-occurring material allows them to treat low pressure, high volumes exhaust gases at lower cost to help industries meet their net zero targets.

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KC8 Capture Technologies 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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