CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, is the newest investor of Carbon Clean. The carbon capture tech company recently raised $8 million from CEMEX Ventures and its existing investors, bringing total capital raised in the last year to $30 million.
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CEMEX, Carbon Clean to Develop Affordable Carbon Capture Tech
CEMEX announced that through CEMEX Ventures it has signed an agreement with Carbon Clean, a leader in low-cost modular carbon dioxide capture and separation technology, aimed at developing a carbon capture solution for the cement industry that lies below the line of $30/ton cost of CO₂ captured.
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