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c-capture-receives-new-investor-in-10m-funding-round
c-capture-receives-new-investor-in-10m-funding-round

C-Capture receives new investor in £10m funding round

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Carbon dioxide removal specialist C-Capture has received funding from UK investment company Northern Gritstone as part of a funding round of up to £10m alongside existing investors bp Ventures, Drax and Kiko Ventures (IP Group).

Launched in 2009, C-Capture received initial funding from IP Group and has since expanded its operations to advance development of its amine-free solvent technology.

The company uses its solvent technology to remove CO2 emissions post-combustion at source.

According to the company, its solution uses up to 40% less energy than currently available approaches.

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