Mote raised $7 million in a Series A funding round led by Nella Next and Preston-Werner Ventures to advance its carbon-negative biomass-to-energy technology.

Mar 04, 2025•4 months ago

Amount Raised

$7 Million

Round Type

series a

Los AngelesBiomass EnergyRenewable EnergyEnergy

Investors

CounteractPreston Werner VenturesNella Next

Description

Mote, Inc. announced the successful first close of its Series A funding round, securing $7 million in investment. This round aims to support the development of the company’s innovative carbon-negative energy production technology.

Company Information

Company

Mote

Location

Los Angeles, California, United States

About

Mote, Inc. is pioneering the future of carbon-negative energy production by transforming agricultural and forestry waste into clean energy and permanent carbon removal. Our biomass carbon removal and storage (BiCRS) technology converts underutilized woody waste into hydrogen and other forms of energy while sequestering CO₂, strengthening grid resilience, energy security, and domestic supply chains. With a focus on sustainability, economic growth, and a reliable clean energy future, Mote is positioning the U.S. as a global energy leader.

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VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Mote raised $7 million in a Series A funding round led by Nella Next and Preston-Werner Ventures to advance its carbon-negative biomass-to-energy technology.

Investors

Description

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