44.01
Company

Last deal

$37M

Amount

Series A

Stage

15.07.2024

Date

3

all rounds

$43.23M

Total amount

date founded

Financing round

General

About Company
The company turns CO2 into rock to remove it from the atmosphere permanently.

Industry

Sector :

Subsector :

Keywords :

founded date

01.07.2020

Number of employees

Company Type

Non-profit

Last funding type

Series A

IPO status

Private

Description

The company provides carbon dioxide mineralization services that use technology to speed up the natural weathering process, which turns CO2 into rock. This helps carbon capture companies eliminate their captured CO2 safely and naturally. By accelerating the mineralization process, the company turns CO2 into harmless rock, contributing to the reduction of greenhouse gases in the atmosphere.
Contacts
Legal Names

Legal name

Protostar Group Limited
Similar Companies
36
Group 11 Technologies

Group 11 Technologies

Group 11 Technologies develops an environmentally friendly in-situ-recovery process for mineral extraction.

Sector

Industrial Metals and Mining

Subsector

General Mining

Keywords

Environmental Engineering, Environmental Consulting, Mining

Location

Durango, CO, USA

total rounds

1

total raised

$1.03M
CRC ORE

CRC ORE

CRC ORE aims to revolutionize the minerals sector by implementing innovative technology.

Sector

Industrial Metals and Mining

Subsector

General Mining

Keywords

Mining

Location

Pullenvale QLD 4069, Australia
Dundee Sustainable Technologies

Dundee Sustainable Technologies

Dundee Sustainable Technologies Inc. develops technologies for treating materials in the mining industry.

Sector

Industrial Metals and Mining

Subsector

Nonferrous Metals

Location

Dorval, QC, Canada

total rounds

1

total raised

$1.01M
Orbite Technologies

Orbite Technologies

Orbite Technologies Inc. is a Canadian clean technology based mineral-processing and resource development company.

Sector

Industrial Metals and Mining

Subsector

Nonferrous Metals

Location

Laval, QC, Canada

total rounds

3

total raised

$32.67M

Financials

Funding Rounds
4
3

Number of Funding Rounds

$43.23M

Money Raised

Their latest funding was raised on 15.07.2024. Their latest investor Breakthrough Energy Ventures. Their latest round Series A

Date 
Funding Round 
Investors 
Money Raised 
Lead 
02.12.2022
1
$1.23M
Local Amount - GBP 1M
10.08.2021
2
$5M

Equinor Ventures

Equinor Ventures backs and nurtures pioneering firms that are shaping the energy landscape of tomorrow.

Sector

General Industrials

Subsector

Diversified Industrials

Keywords

Venture Capital, Finance, Financial Services

count Of Investments

32
Shorooq Partners

Shorooq Partners

Shorooq Partners is a venture capital and debt fund that invests in early-stage technology startups in the MENAP region.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

Location

Abu Dhabi - United Arab Emirates

total rounds

4

count Of Investments

129

count Of Exists

3
Earthshot Prize

Earthshot Prize

Earthshot Prize is a global award for environmental initiatives.

Sector

Travel and Leisure

Subsector

Recreational Services

Keywords

Environmental Engineering

count Of Investments

12
Apollo Projects

Apollo Projects

Apollo Projects is an early-stage investment fund that supports visionary founders in turning their audacious ideas into reality.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Venture Capital

count Of Investments

18
Co-Investors
Investors
13
4

Number of lead investors

13

Number of investors

Investor 
Lead 
Round 
Partners 
Breakthrough Energy Ventures

Breakthrough Energy Ventures

Breakthrough Energy Ventures invests in new technologies that provide reliable and affordable power without contributing to climate change.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Clean Energy, Energy, Information Technology

Location

Paris, France

count Of Investments

166

count Of Exists

2
OGCI Climate Investments

OGCI Climate Investments

OGCI Climate Investments is a private equity firm that accelerates the industry response to climate change.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

London, UK

count Of Investments

51

Cindi Bough

Cindi Bough, Managing Director Ventures at CI.

Climate Pledge Fund

Amazon has launched a $2 billion investment program aimed at supporting sustainable and decarbonizing technologies and services.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services

count Of Investments

36

People

Founders
2
Karan Khimji
Karan Khimji

Karan Khimji

Karan Khimji is the Carbon Lieutenant, co-founder, and Chief Operating Officer at 44.01.

current job

44.01
44.01

organization founded

1

Karan Khimji

Talal Hasan
Talal Hasan

Talal Hasan

current job

44.01
44.01

organization founded

1

Talal Hasan

Employee Profiles
4
Patrícia Silva

Patrícia Silva

Senior Carbon Adviser

Ehab Tasfai

Ehab Tasfai

Engineering Commander

Talal Hasan

Talal Hasan

Carbon General

Karan Khimji

Karan Khimji

Carbon Lieutenant , Co-founder and Chief Operating Officer

Activity

Recent News
3