Mote, Inc., based in Los Angeles, has announced the successful first close of its Series A funding round, securing $7 million to advance its carbon-negative energy production technology. Led by Nella Next and Preston-Werner Ventures, the investment aims to accelerate the deployment of Mote's Biomass Carbon Removal and Storage (BiCRS) technology, which converts wood waste into clean hydrogen while sequestering the highest proportion of CO2. This innovative approach not only addresses sustainability and energy security but also strengthens domestic energy independence and supports forestry and land management. With the United States possessing a substantial biomass resource base, Mote's technology shows promise in contributing to carbon-negative hydrogen production, aligning with the growing global market for low-carbon hydrogen solutions. The funding will be utilized to establish Mote's first commercial-scale facility, enhance engineering capabilities, and foster strategic partnerships within the energy sector. Key figures involved in the investment, like Travis Lane of Nella Next and Tom Preston-Werner of Preston-Werner Ventures, express confidence in Mote's technology, highlighting its potential to deliver clean energy, address environmental challenges, and support economic growth. The support from various agencies and organizations, including the U.S. Department of Energy and CalFire, underscores the value and relevance of Mote's BiCRS process in the current climate action landscape. Mote's commitment to a circular economy, transforming waste into valuable energy sources, showcases a sustainable approach that benefits local economies, forest health, and environmental resilience. By targeting sectors dependent on hydrogen, such as transportation and industrial manufacturing, Mote's technology offers a practical solution to reduce carbon emissions and advance energy independence. Overall, Mote's innovative technology represents a significant step towards achieving decarbonization goals and promoting a more sustainable energy future.