About Mantel
Mantel is a company based in Cambridge (United States) founded in 2022 by Sean Robertson, Cameron Halliday, and Danielle Colson Rapson.. Mantel has raised $32 million across 3 funding rounds from investors including bp, Shell and Eni Next. Mantel offers products and services including Carbon Capture Materials and DEMO Projects. Mantel operates in a competitive market with competitors including Linde, Aker Carbon Capture, ION Engineering, Compact Carbon Capture and Carbon Crusher, among others.
- Headquarter Cambridge, United States
- Founders Sean Robertson, Cameron Halliday, Danielle Colson Rapson
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Sectors
Environment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32 M (USD)
in 3 rounds
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Latest Funding Round
$30 M (USD), Series A
Jun 20, 2024
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Investors
bp
& 10 more
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Employee Count
Employee Count
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Products & Services of Mantel
Mantel offers a comprehensive portfolio of products and services, including Carbon Capture Materials and DEMO Projects. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Materials enabling efficient CO2 capture in industrial high-temperature settings.
Demonstration initiatives for testing carbon capture technologies in real scenarios.
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Funding Insights of Mantel
Mantel has successfully raised a total of $32M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $30.0M
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First Round
First Round
(23 Aug 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2024 | Amount | Series A - Mantel | Valuation | Shell , Eni Next | |
| Feb, 2024 | Amount | Grant - Mantel | Valuation |
investors |
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| Aug, 2022 | Amount | Seed - Mantel | Valuation | Engine Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mantel
Mantel has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include bp, Shell and Eni Next. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage technology startups are funded by Engine Ventures venture capital.
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Arosa Capital Management is engaged in energy sector investments.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Mantel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mantel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mantel Comparisons
Competitors of Mantel
Mantel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Linde, Aker Carbon Capture, ION Engineering, Compact Carbon Capture and Carbon Crusher, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Industrial gases and engineering services are supplied to diverse sectors.
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| domain | founded_year | HQ Location |
Modular carbon capture solutions are provided for industrial emitters.
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| domain | founded_year | HQ Location |
CO2 capture technologies are developed via advanced liquid absorption.
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Provider of carbon capture solutions
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| domain | founded_year | HQ Location |
Carbon-negative roads are constructed using biopolymers and recycled materials.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mantel
Frequently Asked Questions about Mantel
When was Mantel founded?
Mantel was founded in 2022.
Where is Mantel located?
Mantel is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of Mantel?
Cameron Halliday is the current CEO of Mantel. They have also founded this company.
Is Mantel a funded company?
Mantel is a funded company, having raised a total of $32M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Aug 23, 2022.
What does Mantel do?
Mantel was founded in 2022 and is based in Cambridge, United States. High-temperature materials for carbon capture are developed by the company, targeting industrial environments such as boilers, kilns, and furnaces. These materials support CO2 removal processes in sectors like manufacturing and energy production. Operations focus on engineering solutions that integrate into existing high-heat systems to facilitate emissions reduction efforts. The technology addresses challenges in industrial decarbonization across various applications.
Who are the top competitors of Mantel?
Mantel's top competitors include Linde, Aker Carbon Capture and ION Engineering.
What products or services does Mantel offer?
Mantel offers Carbon Capture Materials and DEMO Projects.