📝 pHathom Technologies raises $4M

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Halifax-based pHathom Technologies has successfully closed a $4 million seed funding round to propel its innovative coastal carbon-capture technology. This capital injection, announced on February 6, 2026, brings the startup's total committed funding to over $12 million, bolstered by significant support from Canada's Ocean Supercluster and various climate action grants. By focusing on "bolting" solutions onto existing coastal bioenergy facilities, pHathom is positioning itself as a pragmatic leader in the race to achieve net-negative emissions without the need for massive new pipeline infrastructure or risky geological injections.

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