BP Ventures, Drax and IP Group have all returned to back a $11.3m round for the smoke capturing technology provider.
C-Capture, a UK-based developer of carbon dioxide (CO2) separation technology, has raised £8m ($11.3m) in funding from investors including petroleum provider BP and power producer Drax Power.
BP Ventures took part on in the round behalf of BP, and it included technology commercialisation firm IP Group and the state-owned British Business Bank’s Future Fund.
Spun out of University of Leeds in 2009, C-Capture has built CO2 capture and storage systems intended to enable factories and power plants to catch and…
