JCCL announces Series B financing for carbon-capture rollout
The undisclosed financing supports commercialization, field validation and deployment partnerships.
JCCL announced Series B financing on September 7. Participants included ONE Carbon Neutral No. 1 Investment Limited Partnership, Mitsubishi UFJ Capital 10 Investment Limited Partnership, Dai Nippon Printing, Zeon and Toyo Seikan Group Holdings. The amount was not disclosed.
The company will commercialize and scale solid-absorbent and membrane carbon-capture systems, expand field validation and develop equipment sales and deployment partnerships.
Use of funds
Commercialize and scale solid-sorbent and membrane CO₂ capture systems
Expand field validation, equipment sales and deployment partnerships