• $37m fundraise will enable technology development,commercialisation and international expansion
• Investors include climate investment leaders,geologicalcarbon storageexperts and technology developers
• 44.01’s technology already piloted in Oman and the UAE
• Potential for CO₂ mineralisation on every continent making 44.01’s technology a safe, permanent, and scalable carbon sequestration solution

15July 2024: 44.01 announces the completion of a $37m Series A funding round. The round isled by Equinor Ventureswith Shorooq Partners in the UAE, as well as (in alphabetical order)Air Liquide Venture Capital (ALIAD), AlumniVentures, Amazon’s Climate Pledge Fund, Climate Investment, Innovation Development Oman,Planet A Ventures, Salica Oryx Fund,Siemens Financial Services, Sumitomo Corporation andseveral otherinvestors. Existing investors including Breakthrough Energy Ventures have also recommitted to 44.01’s technology by participating in the round.