Naarden, the Netherlands-based CarbonOrO, a cleantech company that provides low-cost CO2 capture and separation technology, announced that it has secured €4.1M in a Series A round of funding. The round was led by Icos Capital, INPEX CORPORATION, Putifer, and the founder’s trio.
The company says it will use the funds to deliver on an existing pipeline of three industrial pilots to lower emissions from the waste-to-energy and steel industry, and to capture and reuse carbon dioxide from a brick manufacturer.
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