Mantel logo

Mantel Funding & Investors

Cambridge, MA

Mantel is developing the first molten-salt based carbon capture technology. Our molten borates are designed to operate at the high temperatures found inside boilers, kilns, and furnaces โ€“ enabling highly efficient carbon capture that has not been possible until now. Carbon capture can be applied across industry to reduce emissions - and even achieve net-negative emissions. By solving for efficiency Mantel can reduce energy losses by more than 60% and cut costs in half, unlocking carbon captureโ€™s role in reaching global net zero.

mantelcapture.com

Total Amount Raised: $32,450,000

Mantel Funding Rounds

  • Series A

    $30,000,000

    Series A Investors

    Alumni Ventures Group
    Eni Next
    Shell Ventures
    Engine Ventures
    Hartree Partners
    Arosa Capital Management
    Vale Ventures
    New Climate Ventures
    New Lab
    MCJ
    BP Technology Ventures
  • Grant

    $450,000

    Grant Investors

    Mass. Manufacturing Innovation Initiative
  • Seed

    $2,000,000

    Seed Investors

    The Engine
    New Climate Ventures
    Vertical Partners
Funding info provided by Diffbot.