Israeli Company Dotz Nano Raises $12M for Carbon Capture Technology

Dotz-Nano, a nanotechnology company, has recently secured a 12 million Australian dollar agreement with an American capital fund for the development of carbon dioxide capture technology. This investment will be used to further accelerate the development of DotzEarth, the company’s advanced carbon adsorption technology that utilizes plastic waste to produce a solid filter.

Dotz-Nano successfully completed a fundraising round with American capital fund Mercer, Street Global Opportunity Fund. Among the major investors in Dotz-Nano is the Israeli venture capital fund SIBF.

The purpose of DotzEarth’s solid filter is to capture the carbon dioxide emitted from industrial chimneys and prevent it from reaching the atmosphere. This is an important step in addressing global warming, as an increase in carbon concentration in the atmosphere directly contributes to this phenomenon. Dotz-Nano’s technology has distinct advantages over competing technologies, including cost savings, environmental benefits, and high selectivity in CO2 capture.

Dotz-Nano CEO Sharon Malka expressed gratitude for the support from Mercer and thanked them for providing financial resources needed to accelerate the development of DotzEarth and execute plans for growth in the near-term. With this investment, Dotz-Nano will continue its efforts in developing and implementing carbon capture technology.

By Editor

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