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AtmosZero, a company dedicated to the decarbonisation of steam, has announced the closure of a $21 million Series A funding round. The Series A round was co-led by Engine Ventures and venture capital firm 2150 to accelerate the commercialisation of AtmosZero's 'Boiler 2.0' technology. In addition, the round included participation from Constellation Technology Ventures, Energy Impact Partners, Starlight Ventures and AENU. Industrial steam – used across diverse sectors such as food and beverage and chemical manufacturing – is generated by burning fossil fuels in onsite boiler systems, which accounts for nearly 8% of global primary energy use. AtmosZero's proprietary 'Boiler 2.0' technology extracts heat from the air to produce high-temperature steam with maximum efficiency and without emitting any carbon, "allowing companies to replace their existing natural gas and oil boilers quickly and cost-effectively," the company explained. Addison Stark, CEO and co-founder of AtmosZero, said that the business aims to tackle industrial decarbonisation by electrifying boiler room and developing a scalable, drop-in replacement product, steering away from complex and costly customised projects. She added: “Our vision is to eliminate global emissions from fossil-fueled boilers. The investment today from leading US and European investors is a tremendous validation of our technology and approach to eliminating Scope 1 boiler emissions.” Michael Kearney, general partner at Engine Ventures, commented: “The path to net-zero emissions runs through the boiler room and requires the replacement of existing fossil-based systems. Reducing reliance on fossil fuels isn't just an environmental imperative – it's a geopolitical one, too. We are thrilled to support the AtmosZero team's mission to decarbonize industrial emissions with its scalable, drop-in electrified solution." Christian Hernandez Gallardo, partner and co-founder of 2150, added: "Industrial process heat in the form of steam is essential for industries spanning food and beverage through to district heating and is responsible for over two gigatons of carbon dioxide per year". "We were hunting for a solution that could unlock the vast impact potential in this market, with an offering that was a financial no-brainer to customers. The technology Addison and his all-star team have developed does exactly that, and we look forward to supporting AtmosZero as they roll out their technology to the customers that eagerly await them in Europe.”