On February 27, 2025, several NYC startups secured notable funding, including CarbonQuest, which raised $20 million in venture capital for its carbon capture technology, aimed at improving sustainability in urban environments. The funding was led by Riverbend Energy Group. Additionally, Ethos, a risk management platform for financial and fintech industries, acquired $6 million in seed funding led by Canapi Ventures. The influx of investments into these startups speaks to the increasing attention given to climate change and advanced fintech solutions in the current economic landscape.
CarbonQuest has raised $20M in Venture funding to expand its distributed carbon capture solutions, emphasizing the urgency of tackling climate change in the urban landscape.
Ethos, the new risk management platform, secured $6M in Seed funding, showcasing strong investor confidence in innovative solutions for financial institutions.
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