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Lapis Carbon Solutions receives a new investment from Cresta Fund Management, enhancing their collaboration on carbon capture projects. This funding aims to accelerate Lapis's growth and project development.

Jul 16, 20255 days ago
DallasRenewable EnergyEnergyManufacturing

Investors

Cresta Fund Management

Description

Dallas-based Lapis Carbon Solutions has received a second investment from Cresta Fund Management. The financial details of the investment were not disclosed, but it underscores Cresta's confidence in Lapis’s leadership and strategy. The funds will help accelerate Lapis's growth and expansion into carbon dioxide utilization. Lapis aims to develop customized decarbonization solutions for energy-intensive industries.

Company Information

Company

Lapis Carbon Solutions

Location

Dallas, Texas, United States

About

Lapis Carbon Solutions, founded in 2020, partners with energy-intensive industries to achieve carbon goals through carbon capture, utilization, and storage (CCUS) projects. The company specializes in providing bespoke sequestration and utilization solutions to industrial emitters, enhancing their capacity to manage CO2 waste effectively. Lapis aims to develop a world-class portfolio of CCUS projects within North America and is scaling to become a leading provider in carbon management.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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