Carbon All completes Series A financing, bringing in new shareholders such as CATL and Suntech Power.

On June 11th, Shanghai Carbon All Things Technology Co., Ltd. announced the completion of its Series A financing. This round of financing was led by existing shareholders Yellow River Delta Investment, new shareholders GaoRong Capital, and Boyuan Capital, as well as new shareholders such as CATL, and Suntech Power, and Yifeng Capital. Existing shareholders continued to follow up with investment. The funds will be used for the construction of a pilot plant for a thousand-ton DAC in Ningxia, the amplification of the e-SAF process, the iteration of core technology, and the introduction of top global talent.