Two years ago, former SpaceX engineers used rocket tech to develop a power plant capable of removing carbon dioxide from the atmosphere, with a small asterisk. To draw down CO2, it burned plant waste, making it a sort of “vegetarian rocket engine” for the grid. This week, Arbor Energy said it had raised a $55 million Series A led by Lowercarbon Capital and Voyager Ventures on the heels of a partial pivot. Its power plant, rather than sticking to a strict vegetarian diet, is going to be more of an omnivor ...

Arbor Energy Scoops Up $55M Series A Back to Home Tweet EL SEGUNDO, CA, Arbor Energy, a clean power company, today announced it has raised a $55 million Series A round. The round was co-led by Lowercarbon Capital and Voyager Ventures, with participation from Gigascale Capital and Marathon Petroleum Corporation. The funding will enable the completion of Arbor's 1 megawatt (MW) technology pilot, ATLAS, and support development of its 25 MW commercial product, HALCYON.Arbor Energy builds clean, baseload p ...