Barton Blakeley, a Harpenden-based carbon utilisation company, has secured £2.4m in funding to enhance its clean energy solutions.
- The company aims to convert carbon emissions into clean energy and synthetic silica through innovative chemical processes.
- CEO Christopher Barton announced the deployment of their first commercial system at an industrial site, marking a step towards commercialisation.
- The new chairman, Volker Beckers, formerly of RWE Npower, will guide Barton Blakeley through this growth phase.
- Elbow Beach Capital leads the funding round with a £1.7m investment, underscoring its commitment to climate tech innovation.
Barton Blakeley, a company dedicated to carbon capture and utilisation, has successfully secured £2.4m in a funding round headed by Elbow Beach Capital. This investment aims to further the company’s development of a unique chemical process designed to convert carbon emissions into sustainable energy and synthetic silica, significantly contributing to carbon reduction efforts.
CEO Christopher Barton expressed enthusiasm as the company prepares to deploy its inaugural commercial system at an industrial site. He stated that this milestone signifies meaningful progress towards the commercialisation of their technology. The company is poised to collaborate with industry partners to expand its commercial prospects.
Barton Blakeley’s appointment of Volker Beckers, recognised with a CBE for services to nuclear energy, as chairman marks a strategic move. Beckers will provide leadership as Barton Blakeley embarks on its initial commercial partnerships and scales up operations, with the support of Elbow Beach Capital.
Since its inception in 2016, Barton Blakeley has been pioneering modular sites that directly capture and utilise CO2 emissions onsite at industrial locations. This approach not only aids in generating cleaner energy but also allows for the production of synthetic silica at costs lower than traditional methods, which are known to be both carbon-intensive and expensive.
This funding round, prominently supported by Elbow Beach Capital’s £1.7m contribution, highlights the venture capital firm’s commitment to advancements in climate technology. Elbow Beach Capital’s past investments, including support for waste-to-waste energy provider WASE and cathode technology company Anaphite, further demonstrate its dedication to sustainable tech growth.
The financial backing will also assist Barton Blakeley in its ambitious plan to achieve a reduction of 16.5 kilo-tonnes of CO2 annually over the next four years. This underpins the potential significant impact of their technology on the carbon reduction landscape.
Barton Blakeley’s recent funding achievement positions the company at the forefront of innovation in carbon utilisation, paving the way for substantial environmental benefits.
