
Mote
Carbon-negative hydrogen from wood waste.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | $7.0m | Series A | |
Total Funding | 000k |
Mote is a pioneering company in the clean energy sector, focusing on the production of carbon-negative hydrogen. Utilizing waste biomass, Mote captures atmospheric carbon and stores it underground, effectively removing it from the atmosphere for thousands of years. This dual approach not only addresses climate change but also allows Mote to produce hydrogen at competitive prices. The company leverages proven equipment and strong partnerships, such as with SunGas Renewables and Fluor Corporation, to scale its operations rapidly and efficiently. Mote serves clients in the energy and environmental sectors, offering a sustainable and cost-effective alternative to traditional hydrogen production methods. The business model is built on dual revenue streams: income from hydrogen sales and payments for carbon removal. This innovative approach ensures both environmental impact and economic viability.
Keywords: carbon-negative, hydrogen, waste biomass, carbon capture, underground storage, clean energy, climate change, SunGas Renewables, Fluor Corporation, dual revenue streams.