

Startup · United States
Carbon Capture
HQ Los AngelesFounded 201951-200 employeesUpdated
CarbonCapture develops direct air capture technology to remove carbon dioxide from the atmosphere for permanent underground storage.
Funding2 rounds · $115M
- Equity raised
- $115M
- Latest
- $80.0MSeries A · Mar 12, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Mar 12, 2024 | Series A | $80.0M | — | Prime Movers Lab | Amazon Climate Pledge Fund, Aramco Ventures, Siemens Financial Services, TIME Ventures | Reported |
| Oct 19, 2021 | Series A | $35.0M | — | Prime Movers Lab | Idealab (Idealab Studio), Rio Tinto, TIME Ventures | Confirmed |
- Series ALed by Prime Movers Lab$80.0MMar 12, 2024
- $35.0MOct 19, 2021
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems1
- Leo SeriesA modular direct-air-capture system for removing carbon dioxide from ambient air.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
People1
| Person | Role |
|---|---|
| Poon Chi Sun | Co-founder |
Sources7
Profile2
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "903feab1-977c-4209-9e0d-509e0e34cfe1"}”
- 2
LinkedIn · Supports Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url
“employee_range: 51-200 (profile: 51-200 employees)”
Systems1
- 3
Carbon Capture · Supports Organization · description, Organization · name, Organization · website, System
“Our carbon removal service captures CO2 from the air and permanently stores it underground. Contact us to purchase DAC-based carbon removal credits.”
Funding3
- 4
Reuters · Mar 12, 2024 · Supports Funding round · amount, Organization · ownership
“said it had raised $80 million from investors that include Saudi oil giant Saudi Aramco”
- 5
Business Wire · Oct 19, 2021 · Supports Funding round, Funding round · amount
“Prime Movers Lab led the Series A investment.”
- 6
Carbon Herald · Supports Funding round
“led by the prominent investor in scientific startups Prime Movers Lab”
People1
- 7
hkstp.org · Supports Role
“Carbon Capture & Storage (CCS) Ltd., established in early 2023, was co-founded by Professor Poon Chi Sun, Head of Department of Civil and Environment Engineering at the Hong Kong Polytechnic University, and Dr Shipeng Zhang, who leads a team of doctoral researchers.”
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