Captura Advances to the Top 20 Finalists in XPRIZE Carbon Removal Competition [Financial Post (Toronto, Ontario, Canada)]
Equinor ASA (EQNR)
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. This follows recent commercial progress made by the company, including the close of a US$45.3M Series A financing – one of the largest Series A rounds into a carbon removal company LOS ANGELES, May 08, 2024 (GLOBE NEWSWIRE) — Today, XPRIZE Carbon Removal announced the top 20 finalists in its US$100 million global competition, with Captura named among the successful companies. With more than 1,300 teams from 88 countries competing, this cohort of top 20 innovators represent some of the most promising carbon removal solutions on the planet. Captura's inclusion on the list – one of only four ocean-based solutions – highlights the great potential of its Direct Ocean Capture (DOC) technology to remove carbon dioxide (CO ) from the atmosphere via the ocean at a climate-relevant scale. Article content Article content XPRIZE Carbon Removal is a four-year competition
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