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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.

Website

Funding2 rounds · $115M

Equity raised
$115M
Latest
$80.0MSeries A · Mar 12, 2024
Cumulative raised$115M
Oct 19, 2021Mar 12, 2024

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.

People
PersonRole
Poon Chi SunCo-founder

Sources7

Profile2

  1. 1

    Sixth-Domain · Supports Organization · country, Organization · kind

    “{"country": "USA", "hq_iso2": "US", "id": "903feab1-977c-4209-9e0d-509e0e34cfe1"}”
  2. 2

    LinkedIn · Supports Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url

    “employee_range: 51-200 (profile: 51-200 employees)”

Systems1

  1. 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

  1. 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”
  2. 5

    Business Wire · Oct 19, 2021 · Supports Funding round, Funding round · amount

    “Prime Movers Lab led the Series A investment.”
  3. 6

    Carbon Herald · Supports Funding round

    “led by the prominent investor in scientific startups Prime Movers Lab”

People1

  1. 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.”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.