Mantel Capture raised $30 million in a Series A funding round led by Shell to develop technology for capturing CO2 emissions using molten salts.
Amount Raised
$30 Million
Round Type
Series A
CambridgeManufacturingInvestors
Description
Mantel Capture has secured $30 million in a Series A funding round to advance its technology for capturing carbon emissions from industrial sites. The investment, led by Shell, aims to demonstrate the effectiveness of molten salts in reducing CO2 output significantly.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Mantel that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- Sapphire Technologies raised $5M on October 18, 2024.
- BeDimensional raised $22M (Debt Financing) on October 18, 2024.
- UpNano raised $7.6M (Series A) on October 17, 2024.
- RIFT raised $12M (Series A) on October 17, 2024.
- AGNIT Semiconductors raised $3.5M (Seed) on October 17, 2024.
Who to call at Mantel, and when
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- An alert the day Mantel raises, hires an executive or expands, scored against what you sell
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Funding Insights
What this usually meansMantel 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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