'CarbonCapture has made substantial technical and commercial progress since our initial investment in the company, signing offtake agreements with some of the world's largest brands. To date, the company has pre-sold over $26 million in carbon removal credits to many of the world's leading companies, including Microsoft, Boston Consulting Group, Alphabet, Meta, Stripe, Shopify, McKinsey & Company, and JPMorgan Chase & Co. Together, we're stepping closer to a cleaner, healthier planet for future generations.'ĬarbonCapture develops, manufactures, and deploys highly scalable solid sorbent DAC systems based on its patented modular open systems architecture. We also want to thank our existing investors for their continued belief and support. 'That's why I'm so excited to welcome our new strategic investors-the unparalleled logistics and supply chain prowess of Amazon, the world-class capabilities of Aramco Ventures, and the digital transformation and energy transition expertise of Siemens will be pivotal to helping us scale DAC in the coming years. 'To realize our ambitious mission to decarbonize the atmosphere, it's imperative that we marshal the capabilities of the global industrial community,' said Adrian Corless, CEO of CarbonCapture Inc. Funds will be used to further technology development and to field early installations of CarbonCapture's modular DAC systems. The financing was led by Prime Movers Lab, a leading investor in breakthrough scientific startups, with participation from Idealab X, Marc Benioff's TIME Ventures, Neotribe Ventures, Alumni Ventures, and several other venture investors. (CarbonCapture), a leading US-based direct air capture (DAC) company, today announced the successful completion of its $80 million Series A financing following the addition of multiple strategic investors that include Amazon's Climate Pledge Fund, Aramco Ventures, and Siemens Financial Services.

LOS ANGELES, Ma/PRNewswire/ - CarbonCapture Inc. Funds will be used to continue technology development and field deployments of DAC systems.New strategic investors include Amazon's Climate Pledge Fund, Aramco Ventures, and Siemens Financial Services.Investment led by Prime Movers Lab, a leading investor in breakthrough scientific startups.Direct air capture company CarbonCapture Inc.

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