The carbon capture technology developer has now secured over $60m since 2012, with other corporate investors including BP and Cenovus.
US-based carbon capture technology developer Skyonic has raised $12.5m from petroleum company ConocoPhillips and energy provider Enbridge.
Enbridge participated as a new investor but ConocoPhillips previously invested in both a $9m round raised by Skyonic in 2012 and a $39m series C round in June 2013 that also included ConocoPhillips, GE and NRG-backed fund Energy Technology Ventures, petroleum company BP’s investment subsidiary BP Ventures, oil company Cenovus Energy, Northwater Capital, Energy Technology Ventures and BlueCap Partners.
Other investors in Skyonic…
