Business Wire: Dimensional Energy Secures $20 Million Series A Funding
Global leader in carbon utilization technology will use funds to accelerate sustainable aviation fuel production and the decarbonization of our economy, in partnership with Seneca Environmental.
Our partner Dimensional Energy, a global leader in cutting-edge carbon utilization technology, Sustainable Aviation Fuel (SAF) production, and advanced carbon emissions-derived fuels and materials, has announced the successful closure of a $20 million Series A funding round. In addition, the company announces has filed the Delaware Public Benefit Corporation Charter, the first step in becoming a certified B Corporation.
The funding round was led by Envisioning Partners, a prominent Korea-based impact venture capital fund with a strong global focus on climate investing. The substantial Series A round funding, combined with committed third-party project financing, positions Dimensional Energy for significant growth, enabling the company to rapidly achieve commercial scale and expand its portfolio of high-value, financially attractive projects.
Dimensional Energy will allocate the newly raised funds to advance its key initiatives, including the continued development of commercial power-to-liquid plants globally, which includes a project with financing from Seneca Environmental and development support from Elemental Excelerator’s Infrastructure and Community Engagement programs.