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Mantel Capture Has Secured Usd 18 Million In Series A Extension Funding Focused On Carbon Capture Technology, As Reported By Axios. announced it raised $18.3 Million in an initial filing from an offering of $25 Million
PRIVATEAug 24, 2026•about 9 hours ago
Amount Raised
$18.3 Million
Round Type
Series A
CambridgeManufacturing
Description
Mantel Capture has raised USD 18 million in a Series A extension funding round. This amount is considered immaterial for the market but reflects ongoing investor interest in carbon capture technology. Extensions like this often precede major milestones. The funding highlights continued venture appetite for climate tech despite the small size.
Company Information
Company
Mantel
Location
750 Main Street
Cambridge, Massachusetts, United States
About
Mantel is developing the first molten-salt based carbon capture technology. Our molten borates are designed to operate at the high temperatures found inside boilers, kilns, and furnaces – enabling highly efficient carbon capture that has not been possible until now. Carbon capture can be applied across industry to reduce emissions - and even achieve net-negative emissions. By solving for efficiency Mantel can reduce energy losses by more than 60% and cut costs in half, unlocking carbon capture’s role in reaching global net zero.
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1 contact
Verified contactsCameron H., Executive Officer, Director