Investment in startup producing seaweed-based methane emissions blocker

Coming in ninth place in the most read story rankings for August was a piece on CH4 Global Inc raising US$29m​​ in a Series B funding round. The capital, said the company, underscores market demand for safe, viable solutions to reduce methane emissions from ruminant livestock.

Founded in 2018, CH4 Global is headquartered in Henderson, Nevada, in the US, with subsidiaries in Australia and New Zealand.

The Series B round was led by DCVC, DCVC Bio, and Cleveland Avenue with participation from additional investors that have a strong interest in climate change, bringing the total the US based startup has raised to date to nearly US$47m.

CH4 Global will use the capital to build and validate its CH4 Global EcoPark, an aquaculture and production facility designed to make its signature Methane Tamer product, based on Asparagopsis seaweed, at scale. 

Photo Credit: GettyImages/Andrii Yalanskyi