intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Capture6 completes $27.5 million Series A and project funding round to scale the production of fresh water and carbon removal

Capture6 completes $27.5 million Series A and project funding round to scale the production of fresh water and carbon removal

March 24, 2025 Craig Etkin

The funding raise, led by Tetrad Corp., and joined by Hyundai Motor Group’s ZER01NE Ventures, Energy Capital Ventures, and Elemental Impact, among others, will support Capture6’s technology for generating value from brine waste.

BERKELEY, Calif., March 11, 2025 /PRNewswire/ — Capture6, whose integrated system converts waste brine into both fresh water and carbon removal solutions, announces $27.5 million in Series A and project funding. Capture6 was advised by financial advisor Rothschild & Co. for the capital raise and the round was led by private equity firm Tetrad Corporation, with participation by Hyundai Motor Group’s ZER01NE Ventures, Energy Capital Ventures, Elemental Impact, Bridge Investment, Sopoong Ventures, Third Derivative, Stan and Jane Rodbell, and the Jacob S Shapiro Foundation. The Series A raise will allow Capture6 to advance core water recovery and carbon removal projects in its global pipeline.

“Climate change is creating water insecurity for much of the world’s population, driving up demand for freshwater worldwide, and exacerbating the root problem as current methods of water treatment are carbon intensive,” said Capture6 CEO Ethan Cohen-Cole. “Our approach reduces waste streams from desalination and wastewater treatment while generating new water sources, lowering waste disposal costs, improving the efficiency of water production facilities, and decarbonizing projects simultaneously.”

Capture6’s integrated system connects directly with existing water infrastructure to reinvent carbon removal and water treatment simultaneously. Unlike traditional direct air capture methods that use energy-intensive multi-step processes, Capture6’s system transforms waste brine — normally expensive to dispose of — into a solvent that directly mineralizes CO2 in a single step. This system creates valuable green chemicals for water facilities while recovering additional freshwater from brine that would otherwise be wasted. By addressing both climate and water security challenges within existing infrastructure, Capture6 offers a practical solution as the World Economic Forum projects freshwater demand to exceed supply by 40% by 2030.

“Numerous businesses and industries face wastewater disposal and freshwater acquisition challenges to their growth and long-term success,” said Tetrad spokesperson and board member Aaron Hilkemann. “In Capture6, we see a company committed to addressing these challenges head-on. Their solution decreases the financial burden for businesses and builds momentum around environmentally beneficial methods of water production and waste treatment.”

The company recently partnered with Palmdale Water District to eliminate the need for up to 100 acres of brine ponds and save up to 40% in lifetime costs through the use of their technology at a new facility. Capture6 is helping the District provide Southern California residents with new water supplies while helping the state meet its goal for carbon neutrality by 2045.

“Fresh water scarcity demands we rethink traditional water infrastructure to ensure districts can provide affordable, clean water and remove harmful pollutants,” said Danya Hakeem, VP of Portfolio at Elemental Impact. “We are proud to double down on our support for Capture6 and the Palmdale Water District project to help deliver meaningful cost savings while providing reliable, clean water to a community that needs it most.”

The successful Series A raise demonstrates Capture6’s ability to drive business and environmental value simultaneously.

“The technologies with the biggest potential impact are those that enable clean, safe, reliable, cost-effective energy,” added Energy Capital Ventures Vic Pascucci. “This funding elevates Capture6 as the industry leader in direct air capture, while simultaneously producing fresh water. After years of studying this space, we recognize Capture6 as a true game-changer through permanent carbon removal plus water security.”

Capture6 has so far announced four water positive carbon capture facilities across three continents. The company is developing a global pipeline, integrating with industrial partners in the U.S., Republic of Korea, New Zealand, Australia, and the Middle East. In 2024, the company also announced that Frontier facilitated a pre-purchase of 1,000 tons of carbon removal for Shopify and Stripe.

About Capture6

Capture6 is a water-positive carbon removal company based in California and New Zealand leveraging its technology to support climate resilience and industrial decarbonization. The company develops and commercializes highly scalable approaches to remove carbon dioxide from the atmosphere. Capture6 is pioneering an approach that can be deployed today by repurposing existing industrial-scale technologies. Additionally, when coupled with desalination facilities, Capture6 can recover over 50% of freshwater from desalination waste brine for drinking and industrial purposes in the process of removing CO₂. This creates a meaningful synergy between carbon removal and water security. Learn more at capture6.org.

About Tetrad Corporation

Tetrad Corporation is a family-owned private investment and asset management company founded by the late Walter Scott Jr. Tetrad follows its founder’s long term investment strategy and has primarily focused its diversified portfolio in energy, telecommunication, real estate, banking and agriculture.

About Hyundai Motor Group’s ZER01NE Ventures

ZER01NE Ventures focuses on investing in promising startups that show great potential yet need further support to develop their services and products. Through open collaboration, mutually beneficial partnerships are established in crucial growth sectors ranging from artificial intelligence & machine learning to micro-mobility. A unique aspect of the ZER01NE Ventures is that some startups chosen for further collaboration might not immediately be relevant to the Hyundai Motor Group but hold great future potential. In this way, ZER01NE Ventures helps to further democratize technological investment for greater opportunity and progress for humanity. Learn more at zer01ne.zone.

About Energy Capital Ventures®

Energy Capital Ventures® (ECV) is the only early-stage venture capital firm solely dedicated to the sustainability, resilience and digital transformation of the natural gas industry. In addition to this unique focus that champions innovation in what ECV has defined as green molecules™, the firm further differentiates itself with a customized engagement and deep integration with its strategic limited partners. This model brings together the innovation of the startup ecosystem with the scale of the natural gas industry to build generation companies and enable the future of clean, safe, reliable, cost-effective energy. Learn more at www.energycapitalventures.com.

About Elemental Impact

Elemental Impact is a nonprofit investing platform with 15 years of experience advancing innovative technology that creates lasting economic and environmental benefits across communities. Through our platform, we deploy catalytic capital and provide expert services to a portfolio of 160+ companies across energy, agriculture, transportation, industry, and nature-based solutions. Learn more at www.elementalimpact.com.

About Rothschild & Co, Global Advisory

Rothschild & Co is a family-controlled and independent group and has been at the center of the world’s financial markets for over 200 years. With a team of 4,600 talented financial services specialists on the ground in over 40 countries, Rothschild & Co’s integrated global network of trusted professionals provide in-depth market intelligence and effective long-term solutions for our clients Global Advisory, Wealth & Asset Management, and Five Arrows, its alternative assets arm. Global Advisory, a division of the Rothschild & Co group, designs and executes strategic M&A and financing solutions, providing impartial, expert advice to large and mid-sized corporations, private equity, families and entrepreneurs, and governments. Through its unrivalled network of 1,600 industry and financing specialists in 47 countries, Rothschild & Co’s Global Advisory business combines the breadth of its advisory offering with a high volume of transactions to achieve a unique understanding and perspective into markets and participants worldwide.

Contact
David Ganske
pr@dgplusdesign.com

SOURCE Capture6

Copyright © 2025 Cision US Inc.


Venture Capital
Berkeley, California, Capture6, Cision, PRNewswire, Venture Capital

Post navigation

NEXT
Cybereason Secures $120 Million in Funding to Grow EDR Solutions
PREVIOUS
e:cue Launch Introduces First-of-its-Kind, AI-Powered Business Intelligence Solution
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
Load More... Subscribe

Categories

Recent Posts

  • Bespoken Spirits Announces Successful Close of Series-C Funding Round June 9, 2025
  • Bito Raises $5.7M Seed Extension to Expand AI Code Review Platform with Codebase Awareness June 9, 2025
  • Pillar Biosciences Raises $34.5M in Funding June 9, 2025
  • CloudZero Raises $56M Series C To Redefine Cloud Cost Optimization In The AI Era June 9, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.