Startup · $7.4m raised
Canberra, ACT
Every investor coverage indicates participated in a round MCi Carbon Pty Ltd raised.
| Investor | Rounds | Invested |
|---|---|---|
| Federal Government | Grant | - |
| Mizuho Bank | Unnamed stage | $7,450,000 |
| the federal government | Grant | - |
Companies MCi Carbon Pty Ltd acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Sophia Hamblin Wang | Chief Operating Officer | RenewEconomy (Wed 17 Jun 2026), RenewEconomy (Wed 17 Jun 2026), Women's Agenda |
| Marcus Dawe | CEO · Founder | @AuManufacturing (Fri 31 Jan 2025), @AuManufacturing (Fri 31 Mar 2023) |
| Dr Mark Rayson | Chief Technology Officer | RenewEconomy (Wed 17 Jun 2026), RenewEconomy (Wed 17 Jun 2026) |
Stories naming MCi Carbon Pty Ltd. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Canberra is funding carbon management demonstrations: round two of a national program directs $32.6 million across seven projects, naming six recipients including Carbonaught, Australian Carbon Vault, Karbonix, MCi Carbon and Electralith.
MCi Carbon has launched a Newcastle facility that converts captured carbon dioxide into sellable building products, beginning with Austrian customer RHI Magnesita.
MCi Carbon has opened a Newcastle demonstration plant that converts industrial CO2 into sellable construction materials, beginning product testing for Austrian customer RHI Magnesita.
Mitsubishi UBE Cement has taken a roughly A$8m stake in MCi Carbon within a committed round valuing it at $320m, funding the Newcastle company's carbonation demonstration plant.
Seven organisations share federal grants under a carbon capture programme; named recipients include MCi Carbon, Novalith, Calix and KC8, whose award follows a $10 million raise backed by Woodside Energy and Cemex Ventures.
Clean tech executive Sophia Hamblin Wang discusses her Davos panel appearance, urging climate action, and recalls MCi Carbon's 2021 federal government grant for its Newcastle carbon-to-materials demonstrator plant.