Content
09/06/2024
Cambridge, MA USA
Mantel
completed $30 million Series A Round funding. Investors include
Shell Ventures (lead), Eni Next (lead), Arosa Ventures, BP Ventures, Engine Ventures, New Climate Ventures, Newlab, Vale Ventures.
About
Mantel is developing the first molten-salt based carbon capture technology. Our molten borates are designed to operate at the high temperatures found inside boilers, kilns, and furnaces – enabling highly efficient carbon capture that has not been possible until now. Carbon capture can be applied across industry to reduce emissions - and even achieve net-negative emissions. By solving for efficiency Mantel can reduce energy losses by more than 60% and cut costs in half, unlocking carbon capture’s role in reaching global net zero.
Startup
Sector:
Materials
Climatetech
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