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Verdox Captures $80M to Develop Novel Electric Carbon Removal Technology

BusinessWire reports on a new carbon capture startup.

The C3 Take
  • Verdox is a Boston, MA-based startup that is developing novel carbon capture technology.
  • Verdox’s carbon capture system uses electricity and is powered entirely by renewable energy.
  • By using electricity the company can more efficiently sequester CO2 from the atmosphere, while emitting zero greenhouse gasses in the process.
  • Private sector innovation is key to unlocking a cleaner future.

“Verdox, an electric carbon capture and removal company, launched today and announced $80M in committed capital from a syndicate including Breakthrough Energy Ventures (BEV), Prelude Ventures, and Lowercarbon Capital. The investment will be leveraged to develop and deploy the company’s novel electrochemical carbon capture technology.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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