TLDR:
- CleanTech startup Rimere has raised $10 million in a strategic investment round led by renewable natural gas provider Clean Energy Fuels.
- The funding will be used to advance Rimere’s technology for converting natural gas and methane into sustainable materials, including clean hydrogen.
CleanTech startup Rimere has secured $10 million in strategic funding from Clean Energy Fuels, a renewable natural gas provider. The investment will be used to further develop Rimere’s technology, which aims to convert methane and natural gas into sustainable materials. Rimere utilizes sequential hybrid plasma technology to break down methane molecules and reconfigure them into cleaner alternatives. The company’s solutions include Reformer, which can transform natural gas into clean hydrogen and high-quality graphene, and Mitigator, which reduces the greenhouse gas potency of fugitive methane emissions. The funding will support Rimere’s efforts to leverage the existing natural gas infrastructure to deliver clean hydrogen and graphene, while also addressing greenhouse gas emissions challenges associated with the natural gas industry. The investment reflects Clean Energy Fuels’ commitment to addressing environmental issues and producing cost-effective, emissions-free solutions.
