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Molten Industries Secures $25M for Methane Pyrolysis

Molten Industries has raised $25 million for their methane pyrolysis technology. 

The Oakland, CA-based startup splits methane into 2 parts – graphite for use in lithium batteries and hydrogen for use in heavy industry decarbonization. This process uses renewable energy, ensuring a small carbon footprint. The methane too is sustainably sourced from things like dairy farms or waste streams. 

The round was led by Breakthrough Energy Ventures, and also included Sozo Ventures, Mark Heising, Steelhead Capital, Union Square Ventures, 50 Years, J4 Ventures, Moai Capital, UVC Partners, Jane Woodward, and Peter Attia.

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