A California-based hydrogen production group has announced the completion of a funding round to support its first commercial facility for carbon dioxide removal (CDR) with a target capacity of 100,000 tons. Recognized as a pioneering leader in carbon removal and green hydrogen, Equatic revealed on August 11 that it had successfully closed its Series A financing, raising $11.6 million. The round was led by Catalytic Capital for Climate and Health (C3H).

C3H, jointly established by Temasek Trust and Singapore-based climate-tech investment firm Kibo Invest, serves as a catalytic investment platform. The round also included participation from a consortium of global investors, enabling Equatic to accelerate the scaling and commercialization of its patented seawater electrolysis technology.

The funding will be used to advance construction of Equatic’s CDR facility and further its commercialization, production, and technology development. Equatic’s proprietary process is designed to capture atmospheric CO₂ while simultaneously producing green hydrogen in a single, scalable system—paving the way for two essential pathways toward achieving net-zero emissions.