Living Carbon raises $21m for biotech ‘supertrees’
Living Carbon, a climate biotech company developing photosynthesis-enhanced plants that capture and store more carbon than normal, has raised $12 million in Series A finance.
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Living Carbon raises $21m for biotech ‘supertrees’
Living Carbon, a climate biotech company developing photosynthesis-enhanced plants that capture and store more carbon than normal, has raised $12 million in Series A finance.
Onshore terminal selected for major Norwegian CCS project
Plans for a major European carbon capture and storage (CCS) project have taken a step forward with the signing of an option agreement for an onshore terminal.
Carbon removal startups raise $11m through latest Frontier cycle
Payment processor Stripe and e-commerce platform Shopify (NYSE:SHOP) have invested a combined $11 million to back the seven carbon removal startups selected for the latest round of their Frontier fund.
SSE, Equinor granted UK-first approval for Keadby carbon capture power station
The Keadby 3 carbon capture power station in the Humber has become the first power and CCS project in the UK to receive planning permission.
Verna raises £2m to identify best spots for planting trees
London-based software startup Verna has raised an extra £860,000 to expand its platform for the analysis of potential tree-planting locations, bringing its cumulative backing to around £2 million.
Denmark grants first permit for CO2 storage
The Danish Energy Agency has granted permission for CO2 injection and storage to begin at the country’s Greensand pilot project, as part of an initial four-month trial.
Wintershall Dea backs CO2 hub in Danish North Sea
Wintershall Dea is to join a consortium developing a greenport hub on the Danish coast, linked to the country’s flagship Greensand carbon capture scheme.
Carbon Reform raises $3m to retrofit buildings with CO2 capture
US startup Carbon Reform has raised $3 million for its modular CO2 removal technology that can be integrated with existing heating, ventilation and air conditioning (HVAC) systems.
Scottish CCS project drive could create up to 500 rural jobs
Carbon dioxide specialist Carbon Capture Scotland (CCS) has announced a new initiative which it says could help remove up to 1 million tonnes of CO2 from the atmosphere per year by 2030.
ExxonMobil and Japan’s Mitsubishi Heavy Industries form CCS alliance
ExxonMobil (NYSE:XOM) and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers.
