National Grid Partners and Translink Capital led a $45.3m Series A funding round in Captura.

National Grid Partners, a venture investment firm and Translink Capital, a venture capital firm led a $45.3m Series A funding round in Captura, a carbon removal company. “Investing in Captura’s Direct Ocean Capture technology aligns with National Grid’s strengths and aspirations in sea-based electric network development, along with our plan to achieve net zero GHG emissions by 2050. We are excited to be part of this journey and to support Captura in scaling its impactful solution,” Kristian Bodek, National Grid Partners Director of Corporate Venture Capital.