IP Group has returned for a $11.3m round for University of Leeds’ smoke capturing technology provider.

C-Capture, a UK-based developer of carbon dioxide (CO2) separation technology spun out of University of Leeds, has raised £8m ($11.3m) in funding from investors including commercialisation firm IP Group.
Petroleum provider BP took part through BP Ventures, while power producer Drax Power and state-owned British Business Bank’s Future Fund also participated.
Founded in 2009, C-Capture has built CO2 capture and storage systems intended to enable factories and power plants to catch and eliminate combustion furnace gases in the…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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