Origen Power Limited Secures $13 Million in Series A Funding and Announces Partnerships to Scale Carbon Removal Technology
Origen Power Limited Secures $13 Million in Series A Funding and Announces Partnerships to Scale Carbon Removal Technology
01/22/25, 5:57 PM
Location
Money
$13 million
Industry
environmental services
renewable energy
manufacturing
Type
partnership
Origen Power Limited has secured $13 million in Series A funding led by Barclays Climate Ventures to scale its limestone-based direct air capture (DAC) technology. The company also announced partnerships with the Energy and Environmental Research Center (EERC) and Shell to further develop and deploy its carbon removal technology.
Company Info
Location
london, england, united kingdom
Additional Info
Origen was founded by preeminent thinkers in carbon removal and industrial technology, who believed in the power of limestone to permanently sequester CO2 and reverse the impacts of climate change. They developed the first iteration of Origen's technology and proved that our concept for limestone-based direct air capture (DAC) could be used to remove billions of tonnes of CO2 from the atmosphere.