Mote raised $7 million in a Series A funding round led by Nella Next and Preston-Werner Ventures to advance its carbon-negative biomass-to-energy technology.

Mar 04, 2025•10 months ago

Amount Raised

$7 Million

Round Type

series a

Los AngelesBiomass EnergyRenewable EnergyEnergy

Investors

CounteractPreston Werner VenturesNella Next

Description

Mote, Inc. announced the successful first close of its Series A funding round, securing $7 million in investment. This round aims to support the development of the company’s innovative carbon-negative energy production technology.

Company Information

Company

Mote

Location

Los Angeles, California, United States

About

Mote, Inc. is pioneering the future of carbon-negative energy by transforming forestry and agricultural waste biomass into clean hydrogen and hydrogen products and permanently removing CO₂ through geologic storage. While supporting healthier forests and rural economies, Mote’s technology enables rapid deployment across a broad range of markets, with advanced projects in California and an Advanced Testing Center in Los Angeles, where Mote is headquartered.

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