Carbon Clean Solutions Ltd, a clean-tech company, announced that it has raised $16 million in a fresh funding round from three global investors. Earlier, the company had raised funding from Blume Ventures in 2011.
As per the company’s statement, Carbon Clean Solutions has raised fresh capital from US-based WAVE Equity Partners and Chevron Technology Ventures, and Japan-based Marubeni Corporation.
The company will use the funds to deliver a pipeline of global projects, among other things. Carbon Clean Solutions is headquartered in London with offices in India and the US.
The company was founded in 2009 by Aniruddha Sharma and Prateek Bumb. It provides low-cost carbon dioxide separation technology for industrial and gas-treating applications.
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