Los Angeles startup Carbon Ridge secures $9.5M in funding for maritime carbon capture tech.

Carbon Ridge, a Los Angeles startup specializing in onboard carbon capture and storage for maritime shipping, has secured $9.5 million in funding, totaling $15.5 million to date. Led by Crosscut Ventures and Western Technology Investment, the funding will help advance its patent-pending technology, which could reduce emissions by up to five times compared to alternative fuels. The solution integrates non-disruptively into vessel exhaust systems, targeting decarbonization in shipping.

October 22, 2024
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