Cleaner Tech
CleanTech Firm That Turns CO2 Into Rock Secures New Funding
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Clean-tech startup Exterra Carbon Solutions raised C$20 million ($14.5 million) from several investors, another milestone for a Canadian company that has signed an early-stage agreement with chemicals giant BASF SE.
The new financing round, led by Boston-based Clean Energy Ventures and BDC Capital, will help Exterra start commercializing its carbon-sequestration process, with the goal of having a small-scale plant running in southern Quebec by the end of 2028.