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.
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