California-based Equatic has secured $11.6m in Series A funding to accelerate the scale-up and commercialisation of its seawater electrolysis technology, which removes atmospheric CO₂ while producing green hydrogen. The round was co-led by Catalytic Capital for Climate and Health (C3H) and Singapore-based Kibo Invest, alongside other global investors.

The funding will support the engineering of Equatic’s first 100-kilotonne-per-year carbon removal facility in Canada, designed to capture 100,000 tonnes of CO₂ annually and produce hydrogen. The plant will build on the company’s Singapore demonstration site, with both using oxygen-selective anodes to cut costs and extend system lifespan.