Mote Secures $7 Million Funding for Carbon-Negative Biomass-to-Energy Innovation
Key Ideas
  • Mote, Inc. secures $7 million in the first close of its Series A funding round to advance its carbon-negative energy production technology.
  • The company's BiCRS technology converts agricultural and forestry waste into clean hydrogen, contributing to energy security and domestic energy independence.
  • Investors like Nella Next and Preston-Werner Ventures see Mote's innovation as a scalable solution that addresses sustainability, economic resilience, and climate action.
  • Mote's approach not only drives the transition to a circular economy but also aligns with national priorities for energy independence, grid stability, and economic growth.
Mote, Inc., a technology leader in carbon-negative energy production, has successfully secured $7 million in the first close of its Series A funding round. Led by Nella Next and Preston-Werner Ventures, the investment aims to accelerate the deployment of Mote's advanced Biomass Carbon Removal and Storage (BiCRS) technology. This technology converts agricultural and forestry waste into clean hydrogen or other energy outputs while permanently sequestering a high proportion of CO₂. The funding will be used to advance Mote's first commercial-scale facility, expand engineering capabilities, and establish strategic partnerships across the hydrogen, forestry, and energy sectors. The U.S. Department of Energy reports a significant biomass resource base in the United States, presenting opportunities for carbon-negative hydrogen production using agricultural and forestry residues. Mote's technology has the potential to contribute to the growing global low-carbon hydrogen market. The investment in Mote reflects confidence in the company's innovative approach to clean energy, which can also address critical environmental challenges. As Mote advances its BiCRS process, which originated from Lawrence Livermore National Laboratory research, the company collaborates with various agencies and industry partners to drive decarbonization efforts. By partnering with agricultural and forestry communities, Mote not only strengthens local economies but also supports forest health, wildfire prevention, and sustainable land management. Through its commitment to a circular economy, Mote is playing a vital role in advancing climate action, energy independence, and economic growth while promoting grid stability and domestic energy supply chains.
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