Elemental Advanced Materials, a leader in low-emission carbon nanomaterials and hydrogen production, today announced the close of a $20 million funding round led by Taranis, a climate technology investment firm.

Elemental is an advanced materials company turning waste plastics, gases, and hydrocarbons into high-performance carbon nanomaterials and hydrogen at commercial scale. Its patented, CO‚‚e-neutral process replaces toxic, resource-intensive legacy systems and supports sustainable industrial innovation.