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Recently Funded|Amount: USD 30.0M|Industry: Climate Technology Product Manufacturing

Mantel Capture Secures $30 Million in Series A Funding for Groundbreaking Carbon Capture Technology

Mantel Capture

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11-50 employees employees (Est.)
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We are thrilled to announce that Mantel Capture, an innovative leader in carbon capture technology, has successfully raised $30 million in funding to further advance its pioneering molten-salt based carbon capture system. This groundbreaking approach leverages advanced molten borates engineered to thrive in the extreme temperatures of industrial environments, such as boilers, kilns, and furnaces. With our unique technology, we are setting a new standard for efficiency in carbon capture that has eluded the industry thus far. The funding will enable Mantel to expand its research and development efforts, optimize system performance, and accelerate the deployment of our solution across various sectors. By significantly enhancing efficiency—reducing energy losses by over 60%—and cutting operational costs in half, Mantel is unlocking the potential for widespread adoption of carbon capture solutions, bringing us one step closer to achieving global net-zero emissions. The implications of this funding are immense, as our technology could not only help various industries reduce their carbon footprints but also pave the way for net-negative emissions, fundamentally shifting the trajectory toward a sustainable future. As we embark on this exciting journey, we remain committed to driving innovation in carbon capture and contributing to a cleaner, healthier planet for generations to come. Stay tuned for further developments as we utilize these resources to make a transformative impact!
September 9, 2024

Buying Signals & Intent

Our AI suggests Mantel Capture may be interested in solutions related to:

  • Environmental Impact Solutions
  • Carbon Management Services
  • Sustainability Consulting
  • Industrial Carbon Capture Technology
  • Energy Efficiency Solutions

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