Equatic Revolutionizes Carbon Capture with $11.6M Boost
Equatic raises $11.6 million to enhance their innovative green hydrogen and carbon capture technology, promising to revolutionize the clean energy sector.
The Power of the Ocean Harnessed
Equatic, the Santa Monica-based clean energy powerhouse, is riding the waves of success with a groundbreaking $11.6 million series A funding. Their mission? Doubling down on transforming the ocean’s natural abilities into a technological marvel that promises to radically reshape the carbon capture and green energy sectors.
Industry Giants Backing the Innovation
Led by Catalytic Capital for Climate and Health from Singapore’s Temasek Trust and climate-conscious firm Kibo Invest, the fresh influx of capital signifies a strong vote of confidence from industry titans. Equatic’s innovative platform stands ready to accelerate the removal of carbon dioxide while simultaneously producing green hydrogen—a monumental stride in achieving sustainability goals.
Marrying Nature with Innovation
The ocean, Earth’s largest carbon sink, is being used in conjunction with human ingenuity to produce impressive results. Equatic’s technology enhances this natural process, enabling their commercial plants to absorb carbon at speeds 99,000 times faster than nature alone. This innovative system effectively splits seawater to isolate valuable components like hydrogen and oxygen, presenting a scalable solution to advancing green technology.
A Global Push for Green Standards
Increasing global regulations from nations like South Africa, the European Union, and China have escalated the demand for efficient carbon removal metrics. In a world where accurately tracking carbon footprint is becoming critical, Equatic provides the proprietary data insights necessary for organizations to meet stringent environmental standards.
The Growing Field of Carbon Technologies
According to Los Angeles Business Journal, Equatic isn’t alone in this race. The broader carbon technology sector has witnessed a massive $373 million in venture funding this year alone. Prominent players like Clairity Technology and Carbon Ridge are also making significant impacts with their respective innovations, further underscoring the sector’s rapid maturation and rising importance.
With Equatic at the helm of ocean-based carbon capture and green hydrogen production, the future of sustainable energy is not just promising—it’s a swiftly approaching reality.
