In California, Mote announced the successful first close of its Series A funding round, securing $7 million in investment led by Nella Next and Preston-Werner Ventures. The round also included Counteract and other strategic partners committed to advancing U.S. energy security. This first phase is part of a targeted $15 million Series A funding round.
Mote’s core breakthrough is its approach to energy production from wood waste with carbon capture, a form of Biomass Carbon Removal and Storage (BiCRS). The Company’s technology involves converting agricultural and forestry waste into clean hydrogen or other energy outputs, while permanently sequestering the highest proportion of CO₂. With patented innovations that increase hydrogen production, enhance efficiency, and reduce emissions, Mote offers a scalable solution that simultaneously strengthens domestic energy independence and supports forestry and land management while removing CO₂ from the air.
