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Mantel

Active#16 worldwide · Carbon capture

Develops point-source carbon capture using molten borate salts at high temperature, recovering heat to cut capture costs for heavy industry and power plants.

HQUnited States
Last roundSeries A · Aug 2026

Uback rankings

How the AI ranks →
RankingTierRankEditionNext update
Carbon capture · worldwideTop 41#16Edition 0 (beta) · Oct 202620 Oct 2026
Rank historyOct 2026 · #16 Carbon captureFirst edition: no movements yet.

Estimated valuation

AI · Carbon capture ranking (worldwide)
≈ USD 250MUSD 200–310M · Hundreds of M$
Anchor
Last known equity round: Series A · USD 48M · Aug 2026

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

DateRoundAmountTypeInvestors
Aug 2026Series AUSD 48MEquityShell Ventures, Eni Next, Engine Ventures, bp Ventures, Vale Ventures, MCJ Collective

USD 30M in Sep 2024 plus an USD 18M extension in Aug 2026.

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Mantel as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $250MUndervalued or overvalued?
Versus competitorsHow does it compare?
Who should acquire itStrategic buyers, and why
Who should it acquireAcquisition targets, and why
Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication.

Comparable companies in carbon capture

Full carbon capture ranking →

Investors in Mantel: Shell Ventures · Eni Next · Engine Ventures · bp Ventures · Vale Ventures · MCJ Collective

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.