Swiss startup Neustark has raised $69mn to take its carbon capture technology global. BlackRock, the world’s largest asset manager, and Singaporean investment firm Temasek led the funding round. Neustark captures waste CO2 from biogas production. It injects it into recycled concrete, which then gets reused to make new roads and buildings.

BING NEWS:
  • Swiss carbon removal specialists Neustark raise $69m for global expansion
    Swiss carbon removal company Neustark has announced it has raised $69m to fuel its expansion across Europe, North America, and Asia-Pacific regions and support its mission of removing one million ...
    06/25/2024 - 1:00 pm | View Link
  • Neustark secures $69M to lock carbon in concrete for 100,000 years
    It injects it into recycled concrete, which then gets reused to make new roads and buildings. The concrete stores the carbon for at least 100,000 years, even if it gets demolished. “We turn the ...
    06/25/2024 - 1:17 am | View Link
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