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 39 days ago
 Source: inc42.com

Blume Ventures-Backed Carbon Clean Solutions Raises $16 Mn Funding

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The company will also invest in the development of “containerised” solutions to achieve $30/tonne cost of CO2 capture by 2021. Founded in 2009 by Aniruddha Sharma and Prateek Bumb, Carbon Clean Solutions provides a low-cost carbon dioxide (CO2) separation technology. “CCSL reduces the cost of carbon capture from industrial emissions by more than half. The Carbon Clean Solutions technology has been proven at demonstration scale in over 10 locations, including the UK, USA, Germany, India, Norway and the Netherlands, and is currently in use at Tuticorin, India. Once they achieved that though, they have achieved more and more visibility and scale.”As of 2019, more than 30 facilities have used Carbon Clean Solutions’ technology or solvents in Carbon Capture & Storage (CCS), Industrial Carbon Capture & Utilization (ICCU) and Renewable Natural Gas (RNG) applications.

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