Says its process cuts the cost of carbon dioxide capture from industrial emissions by more than half, and can remove more than 90% of the gas. More than 30 facilities across America, India, Europe and Indonesia have used the company’s technology. It raised £12.4m in funding in February and a further £4.3m in July, taking its total raised to £25m – its investors include US investor Chevron Technology Ventures and Equinor Ventures, part of the Norwegian state-owned multinational energy company. Co-founders Aniruddha Sharma, 33, and Prateek Bumb, 35, attended the prestigious Indian Institute of Technology Kharagpur together before founding the company in 2009.
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