CEMEX and CEMEX Ventures, its corporate venture capital and open innovation unit, were among investors that participated in Synhelion’s latest financing round. The clean energy company raised CHF 22 million ($23.6 million).
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CEMEX USA, RTI Secure $3.7M for Carbon Capture Project
The U.S. Department of Energy awarded CEMEX USA and non-profit research institute RTI International a $3.7-million cooperative agreement to help fund a carbon capture study at CEMEX’s Balcones cement plant in New Braunfels, Texas.
Read MoreCarbon Re Clinches $4.8M Seed Funding
Climate tech company Carbon Re, which is building state-of-the-art AI to decarbonize energy-intensive industries, raised £4.2 million ($4.8 million) seed funding to scale up development and deployment of its novel technology.
Read MoreDOE Awards Heliogen $4.1M for Decarbonization Project
The Department of Energy (DOE) awarded Pasadena, Calif.-based Heliogen $4.1 million to demonstrate a concentrated solar-thermal power (CSP) process for heating limestone to 950°C, which could reduce the carbon emissions in portland cement production.
Read MoreUniversities Receive Grants for Decarbonization Research
Researchers at the University of Illinois Chicago (UIC) and their collaborators received two federal grant awards to support investigating new methods to reduce carbon dioxide emissions from cement manufacturing.
Read MoreClean Cement Startup Raises $55 Million
Brimstone Energy, a startup aiming to commercialize carbon-negative cement, received $55 million in a Series A funding round, co-led by Bill Gates’ Breakthrough Energy Ventures and DCVC.
Read MoreAlberta Invests $30M to Accelerate Carbon Capture Projects
A new $30 million funding opportunity will accelerate development of industrial-scale carbon capture and transportation technology solutions in Alberta, Canada. Emissions Reduction Alberta’s (ERA) Carbon Capture Kickstart: Design and Engineering call will fill key knowledge gaps, drive partnerships and innovation, and accelerate project financing and deployment.
Read MoreCementos Argos to Invest $23M in Honduras
Argos, together with strategic partner Instituto de Previsión Militar (IPM), announced an investment of $23 million for the next two years with the aim of promoting growth and development in Honduras.
Read MoreSvante Receives $25 Million Investment from Canada
Svante announced that the Canadian government made a C$25 million investment to support the industrialization and commercialization of its novel low-cost carbon capture technology within the North American market.
Read MoreFortera Closes $30M Series B Funding Round
Silicon Valley-based materials technology company Fortera closed its $30 million Series B round, initiating the commercialization phase of its next generation low CO2 cement. The round was co-led by Temasek and Khosla Ventures, investors dedicated to accelerating efforts to achieve a net zero and sustainable global economy.
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