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CUR8 raises £5.3M to accelerate carbon removals industry

The CUR8 team in May 2023 in front of our offices in Shoreditch, Central London. From left: Swarnali Mitra, Marta Krupinska, Patricia Silva, Mark Stevenson, Dominique Airey, dr Gabrielle Walker, Mick Greenwood // CUR8

November 14, 2023

BY Marta Krupinska, CUR8

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DNV Validates Carbon8's Carbon Capture and Utilization Methodology

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By DNV

July 10, 2024

CaptureUtilization

DNV has validated the methodology developed and used by Carbon8, an innovative cleantech company specializing in helping hard-to-abate industries reduce carbon emissions and landfilling of thermal residues. Carbon8’s patented technology permanently captures CO2 at source from hard-to-abate industries and DNV has verified that Carbon8’s methodology satisfies the ISO 14064 part 2 standard.

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KC8 Capture Technologies has raised AU $10 million to accelerate the deployment of its technology to critical and hard-to-abate industries. The funding round was led by local and global leaders in energy, construction and chemical manufacturing including Woodside Energy (Woodside), Cemex Ventures (Cemex), and a major petrochemical company.

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Value Maritime advances ForestWave sustainability strategy with the supply of two 3MW Filtree Exhaust Gas Cleaning Systems and Carbon Capture units for the general cargo vessels FWN Sea and FWN Sun.

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SBM Offshore and Ocean-Power announced the signing of a Memorandum of Understanding with the intent to collaborate on a floating power generation hub with CO2 capture and storage. The purpose of the partnership is to assess the technical feasibility and commercial readiness to collaborate on the concept, exclusive to the Norwegian Continental Shelf and United Kingdom Continental Shelf.

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1PointFive announced it has entered into an agreement with Microsoft to sell 500,000 metric tons of carbon dioxide removal (CDR) credits over six years to support Microsoft’s carbon removal strategy. The agreement is the largest single purchase of CDR credits enabled by Direct Air Capture (DAC) to date and highlights the increasing adoption of this climate technology as a solution to help organizations achieve net-zero emissions.

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