In California, Equatic announced the successful closure of its Series A funding round.
The $11.6MM round was led by Catalytic Capital for Climate and Health (C3H), a catalytic vehicle by Temasek Trust, and Kibo Invest, a Singapore-based private investment office with a focus on climate technology. The funding round, with participation from a consortium of global investors, will accelerate the engineering scale-up and commercialization of Equatic’s patented seawater electrolysis technology.
This capital infusion will support the ongoing engineering of Equatic’s first 100-kilotonne carbon dioxide removal (CDR) commercial facility, alongside further commercialization, manufacturing, and technological development. Equatic’s proprietary technology is designed to capture atmospheric carbon dioxide and produce green hydrogen in a single, scalable process, advancing two critical net-zero pathways, the firm said.
“This investment marks a pivotal moment for Equatic, enabling us to significantly scale our production capabilities and accelerate our mission to deliver durable carbon removal at scale,” said Gaurav N. Sant, Founder and Chief Technology Officer, Equatic.
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