$150 million funding for carbon capture startup Carbon Clean - Updates
Carbon Clean aims to scale its technology for heavy industry
Carbon capture is perhaps the only short term decarbonization option left for some of the hard to abate heavy industries, and it makes sense for Carbon Clean to focus on this segment, as much as it makes sense for investors to put in their money for such efforts.
By the way, this is the largest ever funding round for a point source carbon capture company. Bravo!
Carbon capture is tough business, trust me. I had been in touch off and on with Anirudh, one of the co-founders, right from the early days of Carbon Clean.. It is really inspiring to see he and his co-founder persevering through with their startup for almost a decade.