Carbon Reform's Modular Carbon Removal Technology Captures $3Mm Seed Round
11/29/22, 1:41 PM
Location
Money raised
$3 million
Industry
other
renewable energy
Round Type
seed
Investors
Play Ventures, Revolution's Rise Of The Rest Seed Fund, Azolla Ventures
Carbon Reform, the startup building technology to reduce CO2, improve air quality, and save energy from buildings, announced the closing of a $3 million seed investment. The round was led by Azolla Ventures, a climate tech VC fund created by Prime Coalition, that invests in early-stage technology companies with the potential for gigaton-scale climate impact. Other participants in the round include Virya LLC, Revolution's Rise of the Rest Seed Fund, Plug and Play Ventures, Gaingels, and Preston Schell.
Company Info
Location
401 n broad st.
philadelphia, pennsylvania, united states
Additional Info
Carbon Reform is designing the Carbon Capsule, a modular carbon dioxide capture device that helps eco- and health-conscious building owners reduce CO2 and contaminant levels internally, while saving energy on heating and cooling.