Clean Energy Systems raises $15m

The Series A funding round was led by Carbon Direct Capital Management.

Rancho Cordova, California-based Clean Energy Systems, which is developing carbon reducing energy systems, has raised $15 million in a Series A funding round led by Carbon Direct Capital Management. Carbon Direct will join Clean Energy Systems’ board of directors.

As announced in March 4, the company is collaborating with Schlumberger New Energy, Chevron Corporation and Microsoft to develop a carbon negative power project in Mendota, California.

Source: Company press release