CarbonQuest, a leading distributed carbon capture technology provider, and Daroga Power (“Daroga”), a leading developer of power projects in the U.S., today announced their first joint carbon capture-as-a-service financing project in North America, with a goal to offer such service to customers across a variety of sectors ranging from food and beverage operations, commercial and industrial facilities, and utility infrastructure.

CarbonQuest, a leading distributed carbon capture technology provider, announced that it has entered the food & beverage market with its first beverage industry customer in Washington state.

CarbonQuest announced that it closed its $20 million funding round, led by Riverbend Energy Group, with additional funding from two institutional investors. The company built on its 2024 fundraise, securing new capital from Energy Capital Ventures (ECV) and Aligned Climate Capital to add to the capital raised with Riverbend Energy Group.

CarbonQuest announced the initial closing on its Series A funding from Riverbend Energy Group. The funding will enable CarbonQuest to offer its Distributed Carbon Capture™ technology to a broader range of carbon emitters and accelerate market penetration of its cost-effective and economically viable solution.