Tech Company Financing Transactions
Queens Carbon Funding Round
Queens Carbon, operating out of Pine Brook, secured $14.5 million in funding from U.S. Department of Energy SunShot Initiative.
Transaction Overview
Company Name
Announced On
6/26/2024
Transaction Type
Venture Equity
Amount
$14,500,000
Round
Undisclosed
Proceeds Purpose
Queens Carbon will use this funding to pilot its novel low temperature, zero CO2 technology in partnership with a commercial partner in the cement industry.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
16 Chapin Road 912
Pine Brook, NM 07058
USA
Pine Brook, NM 07058
USA
Phone
Website
Email Address
Overview
Queens Carbon's mission is to build a sustainable future by eliminating deep-rooted CO2 emissions in industrial manufacturing and beyond. We're developing a novel hydrothermal process that dramatically reduces the energy needed to decompose carbonate minerals and allows for the capture of all CO2 produced during the reaction.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Kopp
Chief Financial Officer
David Gersholowitz
Co-Founder
Richard Riman
VP - R & D
Bahram Jadidian
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