# Travertine Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/travertine-technologies

- Industry: Environmental Services
- Headquarters: Boulder, US
- Website: www.travertinetech.com
- Total disclosed funding: $12M
- Latest round: Series A (Jun 25, 2024)
- Investors on record: 5

## About

Based in Colorado, US, and founded in 2022, Travertine Technologies, Inc. in an effort to lessen the environmental impact of the shift to renewable energy. The company was founded by Laura Lammers, who is heading the firm as CEO, as of 2023. In June 2024, Travertine Technologies, Inc. raised USD 8.5 million in series A funding led by new investor Holcim MAQER Ventures, with participation from returning investors Clean Energy Ventures and Grantham Foundation. Another new investor Bidra Innovation Ventures also participated in the round.

The company offers permanent carbon dioxide removal by accelerating the earth's natural carbon cycle to precipitate carbonate minerals from CO2 in the air, the company permanently converts carbon dioxide into a mineral and produces sulfuric acid for use in critical element extraction and fertilizer production. This process empowers mining and fertilizer companies by permanently storing carbon in the solid phase.

The company plans to use the July 2024 funding to widen its operation and further develop its clean technology platform.

## Funding rounds

- Series A, Jun 25, 2024, $8.5M — Grantham Foundation, Clean Energy Ventures, Bidra Innovation Ventures, Holcim MAQER Ventures
- Seed, Jun 15, 2022, $3M — Clean Energy Ventures, Neglected Climate Opportunities

## Investors

- Clean Energy Ventures (https://capitalatlas.ai/funds/clean-energy-ventures) — Seed, Series A
- Neglected Climate Opportunities (https://capitalatlas.ai/funds/neglected-climate-opportunities) — Seed
- Grantham Foundation — Series A
- Bidra Innovation Ventures (https://capitalatlas.ai/funds/bidra-innovation-ventures) — Series A
- Holcim MAQER Ventures — Series A