Capture6 completes $27.5 million Series A and project funding round to scale the production of fresh water and carbon removal
- Editor
- Mar 11
- 2 min read
Whats Happening:
Capture6, a water-positive carbon removal company, has secured $27.5 million in Series A and project funding. The round was led by Tetrad Corporation and included participation from Hyundai Motor Group's ZER01NE Ventures, Energy Capital Ventures, and Elemental Impact, among others. This funding will support Capture6's technology for generating value from brine waste, converting it into fresh water and carbon removal solutions.
Key Moves:
Capture6 raises $27.5 million in Series A and project funding
Funding led by Tetrad Corporation with participation from strategic investors
Capital to support technology for converting brine waste into fresh water and carbon removal
By The Numbers:
Capture6 can recover over 50% of freshwater from desalination waste brine
Palmdale Water District project eliminates need for up to 100 acres of brine ponds
Capture6 technology can save up to 40% in lifetime costs for water facilities
Key Quotes:
"Climate change is creating water insecurity for much of the world's population, driving up demand for freshwater worldwide, and exacerbating the root problem as current methods of water treatment are carbon intensive," said Capture6 CEO Ethan Cohen-Cole.
"In Capture6, we see a company committed to addressing these challenges head-on. Their solution decreases the financial burden for businesses and builds momentum around environmentally beneficial methods of water production and waste treatment," said Tetrad spokesperson and board member Aaron Hilkemann.
"We are proud to double down on our support for Capture6 and the Palmdale Water District project to help deliver meaningful cost savings while providing reliable, clean water to a community that needs it most," said Danya Hakeem, VP of Portfolio at Elemental Impact.
Bottom Line:
Capture6's successful $27.5 million funding round demonstrates strong investor confidence in its innovative approach to addressing both water scarcity and carbon removal. The company's technology, which converts waste brine into fresh water and carbon removal solutions, has the potential to significantly impact water treatment and environmental sustainability efforts globally.
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