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. A B.C. company that has developed a way to capture carbon in the atmosphere is cleaning up in its own right with the close of a US$68-million equity financing round. 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. 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.