# CREW Carbon Secures $5.3M to Scale Carbon Capture in Wastewater Treatment
Canonical URL: https://themoneygame.zeabur.app/stories/crew-carbon-secures-5-3m-to-scale-carbon-capture-in-wastewater-treatment
Published: 2024-10-31T00:00:00.000Z
Category: Sustainability

The funding, led by Breakthrough Energy Ventures, supports scalable solutions for sustainable treatment processes.

#### Big idea:

- CREW Carbon has raised $5.3 million in seed funding to scale its carbon capture technology that targets wastewater treatment facilities to remove carbon dioxide (CO₂) through enhanced weathering.

#### Why it matters:

- Approximately 10 gigatons of CO₂ must be removed annually by 2050 to meet global climate targets. 
- CREW's solution uses existing wastewater infrastructure to cost-effectively capture CO₂ by removing biogenic carbon. This approach provides valuable co-benefits for wastewater operators, making it an attractive and easily adoptable option within the industry.

#### Key details:

- Developed at Yale, CREW’s technology uses enhanced weathering within the earth’s water cycle to store CO₂ permanently.
- The technology focuses on biogenic CO₂ in wastewater, leveraging wastewater’s natural CO₂ concentration for scalable carbon removal.
- CREW is already operating in several plants and plans to expand operations next year, aiming for thousands of tons of CO₂ removed.
- The funding round was oversubscribed and led by Counteract, with participation from several other investors including ReGen Ventures, ANIMO, and Connecticut Innovations.

> “Robust greenhouse gas removal is needed, and needed swiftly, to limit the effects of climate change and to meet our climate goals,” stated Dr. Joachim Katchinoff, CREW Co-Founder and CEO.

#### What's next:

- CREW plans to use the seed fund to expand the team, deploy systems at additional plants, and enhance its proprietary carbon monitoring, reporting, and verification (MRV) system.

#### Proof points:

- Strong investor interest suggests wide industry support, positioning CREW as a viable leader in scalable carbon removal.
- CREW has already achieved successful pilot projects demonstrating cost reduction and improved operational efficiency in wastewater treatment.
- The solution is seen as scalable and cost-effective, addressing climate change while addressing operational challenges in wastewater treatment plants.

Source: The Money Game (https://themoneygame.zeabur.app/stories/crew-carbon-secures-5-3m-to-scale-carbon-capture-in-wastewater-treatment)