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CO2 Removal Interest Soars

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Venture-capital (VC) investor interest in carbon removal hit an apparent record high in the second quarter of this year with nearly $900 million in funds raised over the three-month period, according to a recent report. Private-capital research and data firm Pitchbook found that some $882.2 million of VC investment flowed into carbon capture startups across 11 deals announced between April and June, dwarfing any previous quarter. The prior four quarters combined saw less than half of that total invested, at $432.1 million, according to Pitchbook.

Topics:
Carbon Capture (CCS), Emerging Technologies, Carbon Prices, CO2 Emissions, Corporate Strategy
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