Rubi lands $7.5M for carbon transformation tech
In California, Rubi, a company with technology that transforms carbon into essential materials, recently announced a $7.5 million funding round and significant commercial traction, including multi-year offtake term sheets worth over $60M with leading fashion brands and manufacturers, eight new commercial partnerships, and moving pilots into larger-scale production testing.
Co-led by AP Ventures and FH One Investments, with participation from Talis Capital, CMPC Ventures, H&M Group, Understorey Ventures, and angel investors, the funding will scale Rubi’s production system to industrial demonstration, accelerate the commercialization of additional pipeline products, and advance its engineered enzymes for enhanced performance and cost reduction.
Category: Fuels
