📝 Carbonyx raises $900k

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Carbonyx has raised $900k in pre-seed funding to commercialize a technology that transforms mining and manufacturing waste into industrial materials while simultaneously capturing carbon. Led by WUTIF Capital, the round supports a "materials-first" business model designed to bypass the volatility of the global carbon credit market—a market recently shaken by Microsoft’s decision to pause credit purchases. By using electricity and water to induce a reaction in waste rock, the startup’s prototype extracts valuable byproducts like silica and carbonates while permanently sequestering CO2, providing a tangible revenue stream that traditional carbon removal firms often lack.

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