BROOKLYN, NY, CREW Carbon has raised a $5.3M seed round to capture carbon.
CREW Carbon has raised a $5.3M seed round to capture carbon at wastewater treatment facilities. The oversubscribed round was led by Counteract and included participation by ReGen Ventures, ANIMO, Connecticut Innovations, Ponderosa Ventures, Newlab, Echo River Capital, and the Carbon Drawdown Initiative. CREW Carbon is on a mission to leverage its enhanced weathering approach within earth's water cycle, focused initially on removing biogenic CO2 produced in wastewater treatment facilities. In order to meet global climate targets, ~10 gigatons of carbon dioxide needs to be removed from the atmosphere annually by 20501.
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