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Mission Zero Technologies raises £21.8M in Series A funding led by 2150 for mass deployable DAC product development.

Mission Zero Technologies raises £21.8M in Series A funding led by 2150 for mass deployable DAC product development.

03/18/24, 9:02 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/GB.svglondon
Money raised
£21.8 million
Industry
artificial intelligence
Round Type
series a
Investors
Breakthrough Energy Ventures, Siemens Financial Services, Fortescue, World Fund
Mission Zero Technologies announced a £21.8 million Series A funding round led by 2150, with participation from World Fund, Fortescue, Siemens Financial Services, and Breakthrough Energy Ventures. The funding will help Mission Zero accelerate the development of a mass deployable DAC product that recovers 1,000 tonnes of atmospheric CO₂ a year and can be flexibly scaled to unlock megatonne annual capacity by the end of the decade.

Company Info

Company
Mission Zero Technologies
Location
london, england, united kingdom
Additional Info
Mission Zero is a London, UK-based developer of direct air capture (DAC) technology. The company has developed direct air capture (DAC) technology to unlock megatonne annual CO₂ removal capacity.