Blockchain carbon removal company Net Zero completes $5.50 million financing, with Oilinvest and others participating

On June 24th, blockchain carbon removal startup Net Zero Company announced the completion of a $5.50 million seed round from investors including Oilinvest, VARO Energy, and SilviCarbon. The company will use the funds to support global expansion and launch a new suite of products, including real-world asset-backed tokens "carbon removal tokens".