Carbon Engineering

About

Carbon Engineering uses technology to capture carbon dioxide from the atmosphere and convert it into transportation fuels.

Squamish,British Columbia,Canada
101 - 250
http://carbonengineering.com

Highlights

Details

Last Funding Type: Debt Financing
Industries: Clean Energy,Environmental Engineering,Renewable Energy
Founded date: Jan 1, 2009
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Carbon Engineering Ltd.

Founded in 2009, Carbon Engineering is a Canadian-based clean energy company that commercializes the Direct Air Capture technology to capture CO₂ directly from the atmosphere and convert it into clean, affordable transportation fuels. Carbon Engineering focuses on the global deployment of Direct Air Capture technology so it can have the greatest impact on the huge climate challenge.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

10

$11M $102M

Carbon Engineering has raised a total of $11M $102M in funding over 2 rounds. Their latest funding was raised on Nov 17, 2022 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 17, 2022	Debt Financing	—	1	Air Canada	—	Detail
Nov 17, 2022	Corporate Round	—	2	Air Canada Airbus	—	Detail
Jun 26, 2019	Grant	$25M	1	Federal Government	—	Detail
Mar 21, 2019	Private Equity（PE）	$68M	8	—	—	Detail
Mar 5, 2019	Corporate Round	$6M	1	BHP	—	Detail

Investors

Number of Lead Investors

Number of Investors

8

14

Carbon Engineering is funded by 14 investors. Air Canada and Airbus are the most recent investors.

Investor Name	Lead Investor	Funding Round
Air Canada	Yes	Debt Financing
Airbus	Yes	Corporate Round
Federal Government	Yes	Grant
Emissions Reduction Alberta (ERA)	Yes	Grant
BHP	—	Private Equity（PE）
Bill Gates	—	Private Equity（PE）
Chevron Technology Ventures	—	Private Equity（PE）
First Round Capital	—	Private Equity（PE）
Lowercase Capital	—	Private Equity（PE）
Oxy Low Carbon Ventures	—	Private Equity（PE）