ImpactAlpha, December 16 — Arvada, Colo.-based Carbon America provides development, financing and management services for carbon capture and sequestration project partners.
“Carbon Capture has been around for a long time,” said Hans Kobler of Energy Impact Partners, which participated in the Series A round. “What’s been missing is the ability to finance, build and operate carbon capture projects, at scale, in an efficient, cost effective way.”
Carbon America is on a mission to help the biggest emitters of carbon in North America reduce their footprint, according to co-founder Alex Lau.
Climate finance
Other investors in the round include ArcTern Ventures, Canada Pension Plan Investment Board, Golden Properties and the Grantham Environmental Trust’s Neglected Climate Opportunities Fund.
Separately, Paris-based B-Corp Sweep raised $22 million to build a data platform to help large companies track and lower their carbon footprint.
