Tech Company Financing Transactions
Ebb Carbon Funding Round
Ebb Carbon, operating out of San Carlos, secured $20 million in funding from Evok Innovations, Prelude Ventures and Congruent Ventures.
Transaction Overview
Company Name
Announced On
4/20/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Evok Innovations (Lead Investor)
Prelude Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to develop and deploy its technology, which enhances and speeds the ocean's natural ability to capture and permanently store CO2 from the atmosphere.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
950 Commercial St
San Carlos, CA 94070
USA
San Carlos, CA 94070
USA
Phone
Undisclosed
Website
Email Address
Overview
Ebb Carbon is pioneering a new carbon removal solution by enhancing the ocean's natural ability to safely store CO2. Our electrochemical ocean alkalinity enhancement method has the potential to be one of the largest scale and lowest cost approaches to removing excess CO2, while reducing ocean acidity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ben Tarbell
Chief Technical Officer
Matthew Eisaman
Co-Founder
Todd Pelman
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