A hydrogen production group based in California said it had completed the funding phase, supporting the first 100 kilotonne carbon dioxide removal (CDR) commercial institution. August 11, EQUATIC, which is considered an innovative company combined carbon dioxide and in the production of green hydrogen. Announced that he had successfully closed his A series round and that catalytic capital married $ 11.6 million in climate and health (C3H). USD investment. The C3H is a Tematek Trust catalytic vehicle along with Kibo Invest-Syningapore-based private investment office, focusing on climate technology. The funding phase, which has participated in the consortium of global investors, will accelerate the engineering scale and commercialization of the patented seawater electrolysis technology. This large capital infusion will support the constant engineering of CDR CDR CDR, as well as further commercialization, production and technological development. The patented EQUATIC technology is designed to capture the atmospheric carbon dioxide and produce green hydrogen in one, replaced scaling process, looking at two critical pure zero roads. “This investment denotes the main Equation moment, allowing us to significantly increase our production capabilities and speed up our mission to remove durable carbon volume,” said Gaurav N. Sant, Equation founder and chief technology officer. “The Tematek Trust ecosystem was the main partner of the Equation, starting with the early -stage philanthropic support from the Temasek Foundation to the catalytic investment per C3H. We congratulate Kibo to invest as a joint manager and recognize our commitment to investing in companies that revolutionate industries and solve the urgent climate challenges. ” “To relieve climate change requires truly innovative carbon management technologies to relieve the consequences,” said Lord John Brown, Chairman of the Equization Advisory Council. Browne is also the founder and chairman of Undernetzero and former British Petroleum CEO. “By removing carbon dioxide and at the same time generating green hydrogen, Equatic solution offers unique advantages related to costs and scaling.” C3H CEO Ryan Tan said: “League technology and attitude show the type of bold and interchangeable innovation coordinated with the C3H mandate. We are pleased to support the Equation goal to achieve promising climate reduction solutions that offer permanent, durable carbon removal with green hydrogen production, An interesting opportunity to expand the innovations of deep -sea technology that would meet two critical needs: decarbonization and clean energy. As an investor focused on climate decisions, we are proud to cooperate with C3H and Equative to help this fracture technology into commercial scale, ”said James Marshall, CEO of Kibo Invest.