Bill Gates invests in carbon capture startup after tech breakthrough

Read the full story at Bloomberg Green.

A Massachusetts-based startup that captures carbon dioxide directly from the air has raised $80 million from investors, including Bill Gates-led Breakthrough Energy Ventures.

Founded in 2019, Verdox Inc.’s technology is still only operable at lab scale. But Chief Executive Officer Brian Baynes says that a recent breakthrough with the key material used to trap the greenhouse gas has given investors confidence to invest such a large sum at an early stage in the startup’s development.

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