October 25, 2024
Planetary Technologies is proud to announce the successful completion of its Series A funding round, raising $11.35 million USD.
Led by Evok Innovations, this round also welcomes new investors BDC Capital, Amplify Capital, and DNX Ventures who will support Planetary’s mission to enhance the ocean’s natural ability to fight climate change through carbon dioxide removal and storage.
“We’re most excited by the strong alignment that these investors have with our mission,” says Mike Kelland, CEO of Planetary Technologies. “This round enables us to continue leading the way on responsible, science-led development of a critical climate technology. Together, we are building a foundation that will allow us to achieve our vision of protecting and restoring both the ocean and climate for generations.”
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