Tech Company Financing Transactions
Mantel Funding Round
Mantel secured a $18 million funding round on 8/25/2026. Investors included Azimut Digitech Fund, Constellation Technology Ventures and private investors.
Transaction Overview
Company Name
Announced On
8/25/2026
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to support its commercial deployment across heavy industry in North America, Europe, and beyond, advance its project portfolio across power generation, oil and gas, and pulp and paper, and expand its pipeline of future opportunities.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
61 Anderson St Apartment 5
Boston, MA 02114
USA
Boston, MA 02114
USA
Phone
Undisclosed
Website
Email Address
Overview
Mantel is developing the first molten-salt based carbon capture technology. Our molten borates are designed to operate at the high temperatures found inside boilers, kilns, and furnaces -- enabling highly efficient carbon capture that has not been possible until now. Carbon capture can be applied across industry to reduce emissions - and even achieve net-negative emissions. By solving for efficiency Mantel can reduce energy losses by more than 60% and cut costs in half, unlocking carbon capture's role in reaching global net zero.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cameron Halliday
Chief Operating Officer
Danielle Colson
Chief Technical Officer
Sean Robertson
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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