Canadian company Carbon Engineering (CE) has raised $68m in an equity financing round. The company, which is based in Calgary, Alberta, said it had secured a total of $51m from investors including the Alberta government and private investors. The latest investment will be used to accelerate the commercialisation process, as well as improve its Squamish test facility.
Canadian company Carbon Engineering (CE) has raised $68m in an equity financing round. CE has developed a direct air carbon capture method, and is currently designing its first commercial plants, with their locations scheduled to be revealed later this year. The latest investment will be used to accelerate the commercialisation process, as well as improve its Squamish test facility.