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Queens Carbon raised $14.5M in scaleup funding to pilot its breakthrough carbon neutral cement technology.

PRIVATEJun 26, 2024

Amount Raised

$14.5 Million

Round Type

Seed

Pine BrookManufacturingEnergyRenewable Energy

Investors

U.S. Department Of Energy’s (Doe) Advanced Research Projects Agency – Energy (Arpa E)

Description

Queens Carbon, a startup focusing on eliminating CO2 emissions from the cement industry, has been selected to receive $14.5M in funding from the U.S. Department of Energy’s (DOE) Advanced Research Projects Agency – Energy to pilot its novel low temperature, zero CO2 technology in partnership with a commercial partner in the cement industry.

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

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

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • Advent Technologies Holdings raised $1M (Debt Financing) on August 5, 2024.
  • Wallbox raised $45M (Corporate Round) on July 31, 2024.
  • Hadron Energy raised $9.9M on July 29, 2024.
  • ecop raised $9.2M (Grant) on July 26, 2024.
  • BTRY raised $165K (Seed) on July 15, 2024.

Who to call at Queens Carbon, and when

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Company Information

Company

Queens Carbon

Location

Pine Brook, New Jersey, United States

About

Queens Carbon’s mission is to build a sustainable future by eliminating deep-rooted CO2 emissions in industrial manufacturing and beyond. We’re developing a novel hydrothermal process that dramatically reduces the energy needed to decompose carbonate minerals and allows for the capture of all CO2 produced during the reaction. This low energy solution for carbonate processing creates a commercially viable path for widespread carbon capture projects and carbon neutral cement production. At scale, this technology will enable gigaton-scale reductions in industrial CO2 emissions via avoidance and capture routes.

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Queens Carbon 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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