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Data Center News > Blog > Investments > CarbonBlue Raises $10M in Funding
Investments

CarbonBlue Raises $10M in Funding

Last updated: July 23, 2024 11:00 am
Published July 23, 2024
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The CarbonBlue crew. Credit score: CarbonBlue

CarbonBlue, a Haifa, Israel-based climate-tech startup, accomplished a seed funding spherical, bringing the funding raised by the corporate to $10m.

The spherical was led by Ibex Buyers and FreshFund, joined by strategic traders Engie New Ventures, and ZIM Ventures, the company enterprise capital arm of ZIM Built-in Transport Providers, and included participation from present traders Jibe Ventures, MoreVC and Secret Chord Ventures.

The corporate intends to make use of the funds to broaden its world operations, scale up its expertise and pursue novel integrations with water-utilizing industrial amenities.

Led by Dr. Dan Deviri, CarbonBlue is a local weather tech startup that has developed expertise for the removing of CO2 from the surroundings by means of the usage of water and water-utilizing industries and infrastructure. Based in 2022, it’s developing a facility built-in with the Maagan Michael desalination plant, and is creating initiatives in Europe, the MENA area, and North and South America.

Commenting on the information, Dr. Dan Deviri stated: “It is going to permit us to broaden our collaborations with main gamers within the local weather, vitality, and water sectors, and assist us solidify and mature our expertise and its purposes. This vote of confidence from trade leaders validates our strategy; it exhibits that they imagine local weather change deeply impacts their core companies, and that CarbonBlue’s contribution to this world effort is a major one.”

FinSMEs

23/07/2024

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See also  Starseer Raises $2M in Seed Funding
TAGGED: 10M, CarbonBlue, Funding, Raises
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