Equatic secures US$11.6 million in funding
Published by Willow Munz,
Editorial Assistant
Global Hydrogen Review,
Equatic has announced the successful closure of its Series A funding round. The US$11.6 million round was led by Catalytic Capital for Climate and Health (C3H), a catalytic vehicle by Temasek Trust, and Kibo Invest, a Singapore-based private investment office with a focus on climate technology.
The funding round, with participation from a consortium of global investors, will accelerate the engineering scale-up and commercialisation of Equatic’s patented seawater electrolysis technology.
This substantial capital infusion will support the ongoing engineering of Equatic’s first 100 000 t carbon dioxide removal (CDR) commercial facility, alongside further commercialisation, manufacturing, and technological development. Equatic’s proprietary technology is designed to capture atmospheric carbon dioxide and produce green hydrogen in a single, scalable process, advancing two critical net zero pathways.
“This investment marks a pivotal moment for Equatic, enabling us to significantly scale our production capabilities and accelerate our mission to deliver durable carbon removal at scale,” said Gaurav N. Sant, Founder and Chief Technology Officer of Equatic. “The Temasek Trust ecosystem has been a foundational partner to Equatic, from early-stage philanthropic backing from Temasek Foundation to catalytic investment through C3H. We welcome Kibo Invest as co-lead and recognise their commitment to invest in companies that are revolutionising industries and addressing urgent climate challenges.”
“Truly innovative carbon management technologies are needed to mitigate climate change before the consequences become irreversible,” added John Browne, Chairman of Equatic’s Advisory Board, Founder and Chairman at BeyondNetZero, and the former CEO of British Petroleum. “By removing carbon dioxide and simultaneously generating green hydrogen, Equatic’s solution provides unique advantages in terms of cost and scalability.”
Ryan Tan, Head of C3H, commented: “Equatic’s technology and approach exemplify the type of bold and scalable innovation that aligns with C3H’s mandate. We are delighted to support Equatic’s goal in advancing promising climate mitigation solutions that offer permanent, durable carbon removal with green hydrogen production for scalable, tangible impact and commercial benefit.”
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/13082025/equatic-secures-us116-million-in-funding/
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