COMPANY INFO
The company name is CarbonCapture Inc. It was founded in 2019 by Bill Gross, who is also the Chairman and Co-founder. The company has around 61 to 69 employees and is headquartered in Los Angeles, CA. Its website is https://www.carboncapture.com. CarbonCapture operates in the Environmental Services industry, specifically focusing on direct air capture technology to remove carbon dioxide from the atmosphere. The company develops and deploys machines that use molecular sieves, low-cost solar power, and AI controllers to cost-effectively reduce carbon emissions, aiming to fight climate change by decarbonizing the atmosphere.
CarbonCapture Inc. is a Los Angeles-based company founded in 2019 by Bill Gross, specializing in Environmental Services with a focus on direct air capture technology. As an innovator in decarbonizing the atmosphere, CarbonCapture Inc. designs and deploys modular machines using molecular sieves, solar power, and AI-driven systems to cost-effectively remove CO2 from ambient air. The company operates from its primary headquarters in Los Angeles and its Project Bison facility in Wyoming, a pioneering carbon capture and storage hub aiming to annually remove millions of tons of CO2 by 2030.
CarbonCapture Inc. funding history reflects a strategic approach to scaling breakthrough climate technology. The company has raised a total of $115 million across four funding rounds, beginning with seed financing in 2020. Notably, the 2024 Series A round raised $80 million, representing a significant milestone in supporting advanced field deployments and commercial installations. Earlier rounds focused on product development and technology demonstration, with grant support further fueling innovation. CarbonCapture Inc. funding rounds have attracted premier venture capital, sustainability-focused funds, corporate investors, and individual climate champions, highlighting robust investor confidence and a clear vision for global carbon removal solutions.
This Series A round was the company’s largest to date, securing $80 million to advance the development and field installations of CarbonCapture Inc.'s modular direct air capture (DAC) systems. The infusion of capital from strategic and sustainability-focused investors will accelerate commercial deployment and scaling of its breakthrough technology.
CarbonCapture Inc. received grant funding to support ongoing operations and continued innovation in direct air capture technology. The focus was on technology development and facilitating foundational research for future projects.
This $35 million investment supported early product development, growth, and expansion of the company’s team and operations. The round enabled CarbonCapture Inc. to move from prototype to early commercial readiness.
CarbonCapture Inc. secured $8.6 million in seed capital to launch operations and support the initial development of its direct air capture technology.
Prime Movers Lab led the latest $80 million Series A round. The fund specializes in backing breakthrough scientific solutions and plays a pivotal role in supporting CarbonCapture Inc.'s scale-up and deployment initiatives.
Amazon's Climate Pledge Fund invests in visionary startups combating climate change. By investing in CarbonCapture Inc., they actively promote commercial carbon removal initiatives.
Aramco Ventures is the venture arm of Saudi Aramco, investing in innovative energy technologies worldwide. Their involvement underscores CarbonCapture Inc.'s relevance to global energy transformation and decarbonization.
As the investment division of Siemens AG, Siemens Financial Services supports sustainability innovation. Their participation enables CarbonCapture Inc. to leverage global industrial networks and project deployment expertise.
Idealab X, Bill Gross’s venture incubator, has been crucial since CarbonCapture Inc.'s founding, providing capital, resources, and commercialization support.
TIME Ventures, led by Salesforce founder Marc Benioff, invests in world-changing innovation. Their support reflects strong confidence in CarbonCapture Inc.'s potential for climate impact.
Neotribe Ventures backs forward-thinking startups driving scientific breakthroughs. Their investment supports CarbonCapture Inc.'s path to commercial scalability.
Alumni Ventures is a large venture capital fund group supporting high-potential, mission-driven startups. Their participation helps CarbonCapture Inc. access both financial resources and broad business networks.
Monsoon Venture Fund backs sustainable technology firms. By investing in CarbonCapture Inc., they help promote the global adoption of direct air capture innovation.
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