Parallel Carbon
Latest round
- Seed
Last raised
- Jan 2024
Total raised
- $3.6M
Investors
- 5
About Parallel Carbon
a. Parallel Carbon, is a clean technology company that focuses on providing carbon capture technology for direct air carbon dioxide capture and hydrogen production through water electrolysis. The company's process includes pulling carbon dioxide from the atmosphere while utilizing renewable energy for clean hydrogen production. Parallel Carbon’s system integrates water electrolysis and direct air capture (DAC) to reduce capital costs and better utilize low-cost renewable energy.
Who invested in Parallel Carbon
5 investors across 1 round
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Funding rounds
Seed
Jan 9, 2024
Amount
$3.6M
Investors
Questions about Parallel Carbon
Who invested in Parallel Carbon?
Parallel Carbon has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Parallel Carbon raised?
Parallel Carbon has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Parallel Carbon last raise money?
Parallel Carbon's most recent round on record is a Seed, in Jan 2024.
What does Parallel Carbon do?
Parallel Carbon is a renewable energy company.
Where is Parallel Carbon headquartered?
Parallel Carbon is headquartered in Essex, UK.
Which VCs invest in companies like Parallel Carbon?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back renewable energy companies at Parallel Carbon's stage. Their profiles are linked below.
VCs backing renewable energy startups at Seed
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