Aqualung Carbon Capture, an Oslo, Norway-based membrane carbon dioxide (CO2) seize and separation know-how firm, closed its Section 1 2025 funding spherical.
Backers embrace Aqualung’s Joint Improvement Settlement (JDA) companion, one of many largest world membrane producers, together with different strategic buyers together with Liquid Gasoline Tools Ltd (LGE), Tupras Ventures, and Delek Innovation, the CVC of Delek (US) Holdings.
The corporate intends to make use of the funds to increase operations and its growth efforts.
Led by CEO Andrew Robbins, Aqualung develops a complete carbon seize to sequestration resolution that’s economically viable throughout a variety of industries.
Over the previous 4 years, its pilot items have demonstrated its non-pressurized facilitated transport membrane resolution to be value efficient and relevant throughout numerous industries, together with pure gasoline processing, lime kilns, and waste-to-energy functions. These items will proceed to underpin the industrial roll out of its large-scale resolution.
FinSMEs
25/04/2025
