CarbonBlue Secures $10M to Expand Groundbreaking CO2 Removal Technology
Climate-tech startup CarbonBlue has secured $10 million in seed funding to expand and deploy its groundbreaking water-based Carbon Dioxide Removal (CDR) technology. The company's Direct Water Capture technology can utilize any type of water, allowing integration with existing water infrastructure to combat global warming.
The funding round was led by Ibex Investors and FreshFund, with participation from strategic investors including Engie New Ventures and ZIM Ventures. The investment will enable CarbonBlue to scale up its technology, expand global operations, and pursue novel integrations with water-utilizing industrial facilities.
CarbonBlue's process is praised for restoring ocean health while permanently removing CO2 without adding chemicals, positioning the company as a significant contributor to the global effort against climate change.
La startup climatica CarbonBlue ha ottenuto 10 milioni di dollari in finanziamenti seed per espandere e implementare la sua innovativa tecnologia di Rimozione del Dioxidio di Carbonio (CDR) a base d'acqua. La tecnologia Direct Water Capture dell'azienda può utilizzare qualsiasi tipo di acqua, permettendo l'integrazione con l'infrastruttura idrica esistente per combattere il riscaldamento globale.
Il round di finanziamento è stato guidato da Ibex Investors e FreshFund, con la partecipazione di investitori strategici tra cui Engie New Ventures e ZIM Ventures. L'investimento consentirà a CarbonBlue di ampliare la propria tecnologia, espandere le operazioni globali e perseguire nuove integrazioni con stabilimenti industriali che utilizzano acqua.
Il processo di CarbonBlue è elogiato per il ripristino della salute degli oceani mentre rimuove permanentemente il CO2 senza aggiungere sostanze chimiche, posizionando l'azienda come un contributore significativo agli sforzi globali contro il cambiamento climatico.
La startup de tecnología climática CarbonBlue ha asegurado 10 millones de dólares en financiamiento inicial para expandir e implementar su innovadora tecnología de Eliminación de Dióxido de Carbono (CDR) basada en agua. La tecnología Direct Water Capture de la empresa puede utilizar cualquier tipo de agua, lo que permite la integración con la infraestructura hídrica existente para combatir el calentamiento global.
La ronda de financiamiento fue liderada por Ibex Investors y FreshFund, con la participación de inversores estratégicos, incluidos Engie New Ventures y ZIM Ventures. La inversión permitirá a CarbonBlue escalar su tecnología, expandir sus operaciones globales y buscar nuevas integraciones con instalaciones industriales que utilizan agua.
El proceso de CarbonBlue ha sido elogiado por restaurar la salud de los océanos mientras elimina permanentemente CO2 sin añadir productos químicos, posicionando a la empresa como un contribuyente significativo a los esfuerzos globales contra el cambio climático.
기후 기술 스타트업 CarbonBlue가 혁신적인 수처리 기반의 이산화탄소 제거 (CDR) 기술을 확장하고 배포하기 위해 1천만 달러의 초기 자금을 확보했습니다. 이 회사의 직접 수집 기술 (Direct Water Capture)은 모든 유형의 물을 활용할 수 있어, 기존 수자원 인프라와 통합하여 지구温난방에 대응할 수 있습니다.
이번 자금 조달은 Ibex Investors와 FreshFund가 주도했으며, Engie New Ventures와 ZIM Ventures 등 전략적 투자자들이 참여했습니다. 이 투자로 인해 CarbonBlue는 기술을 확장하고, 글로벌 운영을 확대하며, 물을 이용하는 산업 시설과의 새로운 통합을 추구할 수 있을 것입니다.
CarbonBlue의 과정은 화학물질을 추가하지 않고 CO2를 영구적으로 제거하면서 바다의 건강을 회복하는 데 찬사를 받고 있으며, 이를 통해 이 회사는 기후 변화에 대한 글로벌 노력에 중요한 기여자로 자리 잡고 있습니다.
La startup climatique CarbonBlue a sécurisé 10 millions de dollars de financement initial pour étendre et déployer sa technologie révolutionnaire de Suppression du Dioxyde de Carbone (CDR) à base d'eau. La technologie Direct Water Capture de l'entreprise peut utiliser tout type d'eau, permettant ainsi l'intégration avec les infrastructures hydrauliques existantes pour lutter contre le réchauffement climatique.
Cette levée de fonds a été dirigée par Ibex Investors et FreshFund, avec la participation d'investisseurs stratégiques, dont Engie New Ventures et ZIM Ventures. Cet investissement permettra à CarbonBlue de développer sa technologie, d'élargir ses opérations mondiales et de poursuivre de nouvelles intégrations avec des installations industrielles utilisant de l'eau.
Le processus de CarbonBlue est salué pour sa capacité à restaurer la santé des océans tout en éliminant de manière permanente le CO2 sans ajouter de produits chimiques, positionnant l'entreprise comme un acteur clé dans les efforts mondiaux contre le changement climatique.
Das Klimatechnologie-Startup CarbonBlue hat 10 Millionen US-Dollar an Seed-Finanzierung gesichert, um seine bahnbrechende technologie für die CO2-Entfernung (CDR) auf Wasserbasis auszubauen und einzuführen. Die Direct Water Capture-Technologie des Unternehmens kann jede Art von Wasser nutzen, wodurch eine Integration mit bestehenden Wasserinfrastrukturen zur Bekämpfung der globalen Erwärmung ermöglicht wird.
Die Finanzierungsrunde wurde von Ibex Investors und FreshFund geleitet, mit der Teilnahme strategischer Investoren wie Engie New Ventures und ZIM Ventures. Die Investition wird es CarbonBlue ermöglichen, die Technologie zu skalieren, globale Aktivitäten auszubauen und neue Integrationen mit wasserverwendenden Industrieanlagen zu verfolgen.
Der Prozess von CarbonBlue wird dafür gelobt, die Gesundheit der Ozeane wiederherzustellen, während CO2 dauerhaft entfernt wird, ohne Chemikalien hinzuzufügen, und positioniert das Unternehmen als bedeutenden Beitrag zur globalen Anstrengung gegen den Klimawandel.
- Secured $10 million in seed funding for technology expansion
- Direct Water Capture technology compatible with any type of water
- Potential to convert existing water infrastructure into CDR assets
- Strategic partnerships with major industry players
- Technology restores ocean health while removing CO2 without chemicals
- None.
Insights
CarbonBlue's successful completion of a $10 million seed funding round indicates solid financial backing and a strong vote of confidence from credible investors. This level of funding is significant for a startup and will enable the company to expand operations and scale its technology. For retail investors, this is a positive signal as it shows that the company has the necessary resources to grow and potentially become a major player in the climate-tech industry. The involvement of strategic investors like Engie New Ventures and ZIM Ventures also adds a layer of credibility and potential for future collaborations, which could be beneficial for both short-term and long-term growth. However, it's essential to consider that while the funding is promising, the technology still needs to prove its commercial viability.
CarbonBlue's Direct Water Capture technology is a unique innovation in the climate-tech space. Unlike other CDR technologies that may be limited by the type of water they use, CarbonBlue's approach can utilize any type of water, making it highly versatile and adaptable. This capability could facilitate integration into existing water-utilizing facilities, potentially turning any water infrastructure into a carbon removal asset. This universal compatibility is a game-changer and could significantly accelerate the deployment and scalability of CDR technologies. For investors, the technological edge that CarbonBlue holds could translate into substantial competitive advantage and higher market share in the long run.
The market for carbon dioxide removal (CDR) technologies is rapidly expanding as global efforts to combat climate change intensify. CarbonBlue’s innovative approach and the recent influx of $10 million in seed funding place it in a favorable position within this burgeoning market. The company's ability to integrate its technology into various water-utilizing facilities can open up multiple revenue streams and partnerships. Moreover, the endorsement from industry giants and strategic investors suggests strong market validation. Retail investors should note that while the market potential is significant, the success hinges on the company's ability to effectively deploy and scale its technology across different sectors.
The funds will enable the expansion and deployment of the company's groundbreaking water infrastructure-harnessing CDR technology
CarbonBlue's Direct Water Capture technology is unique in its ability to utilize any type of water in its environmentally friendly process. This universal water compatibility allows integration with any water-utilizing facility, and holds the potential to convert any existing water infrastructure into a CDR asset in the fight against global warming.
The round was led by Ibex Investors and FreshFund, joined by strategic investors Engie New Ventures, and ZIM Ventures, the corporate venture capital arm of ZIM Integrated Shipping Services, and included further investments by existing investors Jibe Ventures, MoreVC and Secret Chord Ventures.
"The closing of our seed round marks an important chapter in our company's journey," said Dr. Dan Deviri, CarbonBlue co-founder and CEO. "It will allow us to expand our collaborations with major players in the climate, energy, and water sectors, and help us solidify and mature our technology and its applications. This vote of confidence from industry leaders validates our approach; it shows that they believe climate change deeply affects their core businesses, and that CarbonBlue's contribution to this global effort is a significant one."
"Carbon Blue's process is a win-win, restoring ocean health while permanently removing CO2, all without the addition of chemicals. Their rate of technological and operational progress has been exciting to watch since Frontier first backed them last year," added Frauke Kracke, Science Lead at Frontier and Stripe Climate.
"What sets CarbonBlue apart from other CDR players is their ability to directly support and integrate into mission critical infrastructure projects such as efuels and desalination. The combination of CDR and industry co-benefits is the secret sauce Dan and Iddo, [CarbonBlue's co-founders], have nailed. Their strategic partnerships and investors are a testament of this unfolding," added Jonathan Schwartz, investor at Ibex Investors.
About CarbonBlue
CarbonBlue is an Israeli climate tech startup that has developed technology for the removal of CO2 from the environment through the use of water and water-utilizing industries and infrastructure. Founded in 2022, the company is constructing a facility integrated with the Maagan Michael desalination plant, and is developing projects in
For more information visit www.carbonblue.cc
Contact: AdamE@CarbonBlue.cc
About Engie
ENGIE New Ventures (ENV) is ENGIE's Research & Innovation investment fund dedicated to innovative start-ups in the field of climate technology. ENV makes minority investments in innovative start-ups that bring strategic value to the Group, with a specific focus on future disruptive technologies. Since 2014, it has invested in over 50 solutions in the cleantech sector, mainly involving renewable energy, energy efficiency and flexibility solutions, and green gases including hydrogen. ENV is represented in
ENGIE Group press contact:
Tel.: +33 (0)1 44 22 24 35
engiepress@engie.com
https://twitter.com/ENGIEnewsroom
About ZIM and ZIM Ventures
Founded in
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SOURCE CarbonBlue
FAQ
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