Carbon Clean Solutions raised $16 million

Cleantech startup Carbon Clean Solutions has raised $16 million from WAVE Equity Partners, Chevron Technology Ventures & Marubeni Corporation.

Carbon Clean Solutions provides low-cost carbon dioxide (CO2) separation technology, showcased the technology at industrial-scale carbon capture and utilisation plant in Tuticorin, India, CCSL plans to further expand its customer base.

The company says that its patented APBS technology significantly reduces the costs and environmental impacts of CO2 separation when compared to existing techniques. The Carbon Clean Solutions technology has been proven at demonstration scale in over 10 locations, including the UK, USA, Germany, India, Norway and the Netherlands, and is currently in use at Tuticorin, India.

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