Posted January 22Jan 22 Administrator Introduction: Origen’s Commitment to a Carbon-Neutral Future Origen, a pioneering company in carbon removal technology, has successfully raised £11 million in Series A funding to scale its innovative decarbonisation solutions. This funding round, led by prominent investors in clean technology, reinforces the critical need for scalable methods to combat climate change, particularly in carbon-intensive industries. With this substantial investment, Origen aims to accelerate the deployment of its unique lime-based carbon capture technology, paving the way for a greener, more sustainable future. Why Origen’s Technology Is a Game-Changer 1. Innovative Carbon Removal Technology Origen’s patented lime-based process is designed to: Capture and sequester carbon emissions effectively Enable industrial sectors to meet stringent emissions targets Provide a cost-efficient path to net-zero operations 2. Applications Across Heavy Industries The technology is particularly impactful for: Cement and steel production Waste-to-energy facilities Other high-emission industries This versatility positions Origen as a vital player in the global transition to carbon neutrality. 3. Leadership and Vision Guided by a team of experts in climate science and engineering, Origen is poised to make significant contributions to global decarbonisation efforts. Their CEO stated: "This funding allows us to accelerate our mission of helping industries achieve net-zero emissions through practical and scalable solutions." Key Details of the Series A Funding Round Strategic Investment Partners The £11 million Series A round was supported by leading clean-tech investors and venture capitalists, including: Breakthrough Energy Ventures Innovate UK Clean Growth Fund These organisations bring not only financial resources but also strategic guidance to help Origen expand its impact globally. Planned Use of Funds Origen will allocate the funding towards: Scaling its lime-based carbon capture technology Expanding its commercial partnerships Accelerating research and development to enhance efficiency FAQs About Origen’s Series A Funding What industries will benefit most from Origen’s technology? Industries such as cement, steel, and waste-to-energy, which face high emissions challenges, stand to gain the most from Origen’s solutions. How does Origen’s lime-based process work? The process captures carbon dioxide during lime production and locks it away, effectively reducing net emissions in industries that heavily rely on lime-based materials. What’s next for Origen after this funding? Origen plans to: Launch pilot projects with major industrial partners Increase manufacturing capacity Expand into international markets The Road Ahead for Origen Scaling Operations Origen is set to scale its operations by: Establishing large-scale production facilities Partnering with industrial leaders to deploy its technology Driving Global Impact With this funding, Origen aims to: Reduce global carbon emissions significantly Set a benchmark for innovation in carbon capture Contribute to achieving international climate goals
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