Mote, a technology leader in carbon-negative energy production, announced today the successful first close of its Series A funding round, securing $7 million in investment led by Nella Next and Preston-Werner Ventures. The round also included Counteract and other strategic partners committed to advancing U.S. energy security. This first phase is part of a targeted $15 million Series A funding round.

Mote is pioneering the future of carbon-negative energy production by transforming agricultural and forestry waste into clean energy and permanent carbon removal. Our biomass carbon removal and storage (BiCRS) technology converts underutilized woody waste into hydrogen and other forms of energy while sequestering CO‚‚, strengthening grid resilience, energy security, and domestic supply chains. With a focus on sustainability, economic growth, and a reliable clean energy future, Mote is positioning the U.S. as a global energy leader.