Terms
- Announced
- 12 Aug 2022
- Instrument
- Equity
- Amount
- Undisclosed
- Source
- equinor.com
Parties
- Project developer
- Inherit Carbon Solutions
- Recipient type
- Technology company
- Country
- Norway
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Equinor Ventures Investor Undisclosed No value disclosed Stratel Investor Undisclosed No value disclosed StartupLab Investor Undisclosed No value disclosed
Carbon
- Pathway
- BECCS
What happened
- Equinor Ventures led a round that closed in July 2022. No party has ever disclosed the amount.
Kumo note
- Equinor’s venture arm led the seed of a company whose whole proposition is the middle of the CCS chain, aggregating small biogenic CO2 sources for onward permanent storage, so the strategic logic sits with the storage operator rather than the capture technology.
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