Wamda

Oman's 44.01 secures fresh investment from Holcim

Omani climatetech company 44.01 has secured a strategic investment from Swiss building materials company Holcim through its corporate venture capital activities. The investment amount and equity stake were not disclosed. Founded in 2020 by Talal Hassan, Ehab Tasfai and Karan Khimji, 44.01 develops carbon mineralisation technology that injects captured carbon dioxide into reactive underground rock formations, converting it into stable carbonate minerals for permanent storage. The investment will

By Wamda

1 min read
Oman's 44.01 secures fresh investment from Holcim
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