---
title: CarbonCapture Inc. Closes $35 Million Series A Funding From Prime Movers Lab, Rio Tinto, Idealab Studio, and Time Ventures
description: Company reveals breakthrough technology for capturing CO2 directly from the atmosphere, appoints industry veteran Adrian Corless as CEO, and announces mining industry partnerships.
image: https://www.carboncapture.com/hubfs/Carbon%20Capture%20Theme/Carbon%20Capture%20Assets%20-%20Newsroom%20Media%20Assets/Full%20Size/cc-adrian-corless-b.jpg
---

 Oct 19, 2021

# CarbonCapture Inc. Closes $35 Million Series A Funding From Prime Movers Lab, Rio Tinto, Idealab Studio, and Time Ventures

![](https://www.carboncapture.com/hubfs/Carbon%20Capture%20Theme/Carbon%20Capture%20Assets%20-%20Newsroom%20Media%20Assets/Full%20Size/cc-adrian-corless-b.jpg)

##### Newsroom

[All news](https://www.carboncapture.com/newsroom)

<https://www.carboncapture.com/newsroom/a-timely-catalyst-for-industry-growth>

Sep 27, 2024

### [A timely catalyst for industry growth: Our thoughts on the DOE’s Notice of Intent and the need for CAPEX support](https://www.carboncapture.com/newsroom/a-timely-catalyst-for-industry-growth)

Oct 02, 2025

### CarbonCapture Inc. Subsidiary True North Carbon to Launch Tamarack, Canada’s Largest Single-Technology Direct Air Capture Deployment, Supporting Alberta’s Leadership in Carbon Management

<https://www.newsfilecorp.com/release/271542>

Oct 24, 2025

### [True North Carbon's Tamarack Project, Canada's Largest Single-Technology Direct Air Capture Deployment, Achieves First Capture in Innisfail, Alberta](https://www.newsfilecorp.com/release/271542)