"Carbon Creates All" has completed its Series A financing

36Kr learned that according to Banyan Capital, recently, "Carbon Generates All Things" announced the completion of its Series A financing. This financing round is co-led by the Yellow River Delta Investment, Banyan Capital and Boyuan Capital, with new shareholders including CATL, Sungrow Power, and E-Fund Capital introduced, while many existing shareholders continue to participate in the follow-on investment. The funds from this round of financing will be used for the construction of the company's Ningxia 1,000-ton DAC (Direct Air Capture) to produce e-SAF (Sustainable Aviation Fuel) project, process scaling, core technology iteration, and recruitment of top global talents.