# 44.01

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/44-01

- Industry: Environmental Services
- Headquarters: London, UK
- Website: www.4401.earth
- Total disclosed funding: $49M
- Latest round: Series A (Sep 5, 2024)
- Investors on record: 15

## About

Founded in 2020 and based in London, UK, Protostar Group Limited, dba 44.01, engages in business related to mineralization to remove CO2 from the atmosphere. The company was founded by Mr. Talal Hasan.  In September 2024, 44.01 raised USD 5 million in series A funding from new investors Nysnø Climate Investments and Oman Technology Fund. Returning investors Equinor Ventures and Amazon also participated in the round. 44.01 offers mineralization by removing CO2 from the atmosphere using the natural weathering process to help us turn CO2 into solid rock. 44.01 earns revenue through carbon mineralization services, leveraging technology to convert CO2 into rock, supported by venture funding and commercial partnerships. The company will utilize the September 2024 funding to further develop its climate tech platform and support its international expansion.

## Funding rounds

- Series A, Sep 5, 2024, $5.5M — Oman Technology Fund, Amazon, Nysnø Climate Investments, Equinor Ventures
- Series A, Jul 4, 2024, $38M — Sumitomo Corporation, Siemens Financial Services, Alumni Ventures Group, ALIAD, Salica Investments, Breakthrough Energy Ventures, Shorooq Partners, IDO Investments, Amazon, Planet A Ventures, Climate Investment, Equinor Ventures
- Seed, Jun 25, 2021, $5.5M — Breakthrough Energy Ventures, Apollo Projects

## Investors

- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Seed, Series A
- Apollo Projects (https://capitalatlas.ai/funds/apollo-projects) — Seed
- Sumitomo Corporation — Series A
- Siemens Financial Services — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- ALIAD (https://capitalatlas.ai/funds/aliad) — Series A
- Salica Investments (https://capitalatlas.ai/funds/salica-investments) — Series A
- Shorooq Partners (https://capitalatlas.ai/funds/shorooq-partners) — Series A
- IDO Investments (https://capitalatlas.ai/funds/ido-investments) — Series A
- Amazon (https://capitalatlas.ai/funds/amazon) — Series A
- Planet A Ventures (https://capitalatlas.ai/funds/planet-a-ventures) — Series A
- Climate Investment (https://capitalatlas.ai/funds/climate-investment) — Series A
- Equinor Ventures — Series A
- Oman Technology Fund (https://capitalatlas.ai/funds/oman-technology-fund) — Series A
- Nysnø Climate Investments — Series A