CarbonQuest Secures $20 Million in Funding to Scale Carbon Capture Deployment

Introduction

CarbonQuest, a leading distributed carbon capture technology provider, 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 will leverage this funding to deploy its Distributed Carbon Capture™ technology to a broader range of customers across North America and hire industry-leading talent.

Read the original press release at CarbonQuest.