CarbonCapture Secures $80M for DAC

CarbonCapture has just completed a $80 million Series A round for their Direct Air Capture (DAC) technology. 

The funding was led by Prime Movers Lab and included contributions from Amazon’s Climate Pledge Fund, Aramco Ventures, and Siemens Financial Services. This funding will be used to further develop CarbonCapture’s technology and support installations of their unique modular DAC units. 

The company has also successfully pre-sold over $26 million in carbon removal credits to corporations like Microsoft and Boston Consulting Group. 

 

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