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CarbonQuest secures $20 million in funding to expand its modular carbon capture technology across North America, targeting industrial and commercial facilities. The investment, led by Riverbend Energy Group, Energy Capital Ventures, and Aligned Climate Capital, supports the company’s goal of reducing carbon capture costs and increasing deployment. With proven commercial installations and strategic partnerships, CarbonQuest is positioned to scale its solutions for hard-to-abate sectors.
CarbonQuest Secures Major Investment to Expand Carbon Capture
CarbonQuest has closed a $20 million funding round to accelerate the deployment of its Distributed Carbon Capture™ technology. The investment was led by Riverbend Energy Group, with additional backing from Energy Capital Ventures and Aligned Climate Capital. This capital injection comes as industries seek efficient ways to reduce emissions while maintaining operational stability.
The funding allows CarbonQuest to expand its market reach across North America, focusing on commercial and industrial facilities that require onsite decarbonization solutions. The company also plans to increase its workforce to support its scaling efforts. Investors recognize the potential of distributed carbon capture as a practical alternative to large-scale centralized systems, positioning CarbonQuest as a key enabler of lower-cost emissions reduction.
How CarbonQuest’s Distributed Carbon Capture™ Technology Works
CarbonQuest employs a modular system that captures carbon emissions directly from buildings and onsite power generation before they enter the atmosphere. The captured CO2 undergoes a solid-sorbent-based process, which allows for efficient separation and collection. Once removed, the CO2 is liquefied and transported for reuse in various industries, including concrete production and industrial applications.
Unlike traditional carbon capture systems that require significant infrastructure, CarbonQuest’s model is designed for adaptability. Its modular approach allows facilities to implement carbon capture without major site overhauls. This reduces installation costs and increases accessibility for sectors with limited space or budget constraints.
Why Investors See CarbonQuest as a Key Player in Decarbonization
The carbon capture, utilization, and storage (CCUS) sector is gaining traction as governments and corporations aim for net-zero targets. Investors see CarbonQuest’s Distributed Carbon Capture™ technology as a scalable and cost-effective solution for sectors that struggle with emissions reduction.
Key factors driving investment interest include:
- Proven Commercial Deployments – CarbonQuest has successfully implemented its technology in multiple locations, demonstrating its ability to operate at scale.
- Lower Cost Per Ton of CO2 Captured – The company’s modular design reduces expenses compared to traditional carbon capture methods.
- Multi-Industry Applications – The technology serves a range of industries, from utilities and data centers to manufacturing facilities and commercial buildings.
- Strategic Partnerships – Recent agreements, such as the Memorandum of Understanding with Carbfix, highlight CarbonQuest’s commitment to expanding its impact.
Investors also recognize that distributed carbon capture remains underfunded compared to other clean energy initiatives. With growing regulatory support and corporate sustainability commitments, the market for modular carbon capture solutions is expected to expand significantly.
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Expanding Carbon Capture Across North America
CarbonQuest plans to use its new funding to accelerate deployment in key regions where onsite carbon capture can have an immediate effect. The company has already completed six commercial installations, with additional projects in development.
A major focus is on facilities classified as “hard-to-abate,” where reducing emissions through conventional methods is either cost-prohibitive or technically unfeasible. These include industrial plants, commercial properties with significant energy demands, and sites that generate their own power.
Partnerships remain central to CarbonQuest’s growth strategy. The agreement with Carbfix aims to identify locations where captured CO2 can be mineralized and permanently stored. Additional collaborations are expected as demand for cost-effective carbon reduction solutions increases.
What This Means for the Future of Carbon Capture
CarbonQuest’s expansion reflects a broader shift toward decentralized carbon capture technologies. As regulations tighten and industries seek viable decarbonization pathways, scalable solutions like Distributed Carbon Capture™ are gaining attention.
The funding positions CarbonQuest to deploy its technology at a larger scale, helping businesses reduce emissions while maintaining operational efficiency. With investor support and ongoing commercial projects, the company is set to play a growing role in industrial decarbonization.
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