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INDUSTRY FIRST

Mission Zero Technologies raises £21.8M in Series A funding led by 2150 for mass deployable DAC product development.

Mar 18, 2024over 1 year ago

Amount Raised

£21.8 Million

Round Type

series a

LondonArtificial Intelligence

Investors

Breakthrough Energy VenturesSiemens Financial ServicesFortescueWorld Fund

Description

Mission Zero Technologies announced a £21.8 million Series A funding round led by 2150, with participation from World Fund, Fortescue, Siemens Financial Services, and Breakthrough Energy Ventures. The funding will help Mission Zero accelerate the development of a mass deployable DAC product that recovers 1,000 tonnes of atmospheric CO₂ a year and can be flexibly scaled to unlock megatonne annual capacity by the end of the decade.

Company Information

Company

Mission Zero Technologies

Location

London, England, United Kingdom

About

Mission Zero is a London, UK-based developer of direct air capture (DAC) technology. The company has developed direct air capture (DAC) technology to unlock megatonne annual CO₂ removal capacity.

FundzWatch™ Score

10
Low Activity
1 total signals

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