Carbo Culture — a startup that has scaled an industrial process to create large-scale CO2 removal using woody waste from agriculture and forests — has raised $6.2 million in seed a financing round led by Silicon Valley VC True Ventures. The round was co-led by European early-stage venture firm Cherry Ventures. Swiss climate investor Übermorgen Ventures also participated. The new funding will be used to grow the team, product development, and build one of Europe’s largest carbon removal facilities. 

Energy from the sun creates photosynthesis in plants and turning CO2 into plant matter that eventually decomposes and re-enters the atmosphere. Carbo Culture mimics this existing process, it just makes it much, much faster.

Carbo Culture describes its process as an “ultra-rapid conversion” where woody residues are turned into functional biocarbons

Read More At Article Source | Article Attribution