Equatic secures $11.6 million in Series A funding, led by Temasek Trust's Catalytic Capital for Climate and Health, for expansion of marine carbon reduction efforts and green hydrogen production.
Singapore-Based Carbon Removal Company Equatic Closes $11.6 Million Series A Funding
Equatic, a carbon removal company that combines carbon dioxide removal and green hydrogen production, has successfully closed an $11.6 million Series A funding round. The round was led by Catalytic Capital for Climate and Health (C3H), a Temasek Trust catalytic vehicle, and Kibo Invest, a Singapore-based private investment office focused on climate technology.
This investment will accelerate the scale-up and commercialization of Equatic’s patented seawater electrolysis technology, which simultaneously captures atmospheric carbon dioxide and produces green hydrogen via a single scalable process.
The funding will support the engineering and development of Equatic’s first 100-kilotonne carbon dioxide removal (CDR) commercial facility, along with further manufacturing and technological advancements. Equatic has already deployed pilot plants in Los Angeles and Singapore and is expanding with a demonstration plant in Singapore (Equatic-1) and a commercial-scale plant in Canada.
C3H views Equatic’s innovation as bold, scalable, and aligned with their mandate to support durable carbon removal and climate mitigation. Kibo Invest emphasizes Equatic’s potential to address decarbonization and clean energy needs through deep-tech innovation. Other global investors also participated in the funding round, forming a consortium backing Equatic’s climate technology advancement.
Equatic’s technology works by splitting seawater into four streams (hydrogen, oxygen, acid, base) using renewable electricity. It produces carbon-negative green hydrogen and enables rapid carbon dioxide removal—up to 99,000 times faster than natural ocean processes. The process neutralizes acid with crushed rock to prevent ocean acidification, absorbs CO2 into the base stream, and returns treated seawater to the ocean with dissolved inorganic carbon, ensuring accurate carbon accounting for credits.
Equatic’s founder and CTO, Gaurav N. Sant, described this investment as a pivotal moment to significantly scale production and accelerate delivery of durable carbon removal at scale.
In summary, the Series A funding will enable commercial rollout and technological scaling of a unique seawater electrolysis technology that merges carbon capture with green hydrogen production, advancing critical pathways to net zero. Equatic, with its innovative approach, is poised to make a significant impact in the fight against climate change.
- Equatic's innovative seawater electrolysis technology, which combines carbon dioxide removal and green hydrogen production, has the potential to address decarbonization and clean energy needs, according to Kibo Invest.
- C3H views Equatic's technology as bold, scalable, and aligned with their mandate to support durable carbon removal and climate mitigation.
- The funding will support the engineering and development of Equatic’s first 100-kilotonne carbon dioxide removal (CDR) commercial facility, along with further manufacturing and technological advancements.
- This investment will accelerate the scale-up and commercialization of Equatic’s patented seawater electrolysis technology, which simultaneously captures atmospheric carbon dioxide and produces green hydrogen via a single scalable process.
- The Series A funding round was led by Catalytic Capital for Climate and Health (C3H) and Kibo Invest, both focusing on climate technology.
- Equatic's technology, which works by splitting seawater into four streams using renewable electricity, produces carbon-negative green hydrogen and enables rapid carbon dioxide removal, up to 99,000 times faster than natural ocean processes.
