A startup founded by former SpaceX employees has raised $55 million for technology that runs on natural gas and can provide always-available, carbon-free electricity. The goal: to eventually power
Arbor Energy uses rocket-inspired technology that combusts fuel with a stream of oxygen and creates so-called supercritical carbon dioxide — that is, CO2 in a fluid state — it uses to spin a turbine. The CO2 is then captured and stored.
The Series A funding round led by Lowercarbon Capital and Voyager Ventures is intended to help Arbor build a one megawatt pilot unit and develop ...