Company Overview
Snapshot
Founded in April 2024 by Mati Shani and Shany Hershkovitz, Ceal Minerals operates with 1–10 employees. The company has secured funding across two rounds, with Israel Electric Corporation participating. In October 2025, Ceal Minerals received an investment from Israel Electric Corporation.
Business overview
Ceal Minerals develops technology to enhance the efficiency of seawater-cooled thermal power plants while simultaneously removing atmospheric CO2 and offering sustainable alternatives to traditional mining. The company's core technology utilizes electrochemical catalysis to capture CO2, converting it into solid minerals. This process integrates with existing power plant infrastructure, aiming to reduce environmental impact, including carbon footprint and marine pollution, while producing soft water for reuse. Ceal Minerals operates in the Energy Tech sector, focusing on carbon capture, clean manufacturing, and water treatment solutions for industries such as utilities and industrial manufacturing.
Strategic signal
In October 2025, Ceal Minerals secured an investment from Israel Electric Corporation. This strategic investment signals strong validation for Ceal Minerals' technology, demonstrating confidence from a major utility provider in its ability to improve power plant efficiency while achieving carbon removal. For investors, this highlights the company's potential for market adoption and scalability within the energy sector, particularly in integrating carbon-negative solutions with existing infrastructure.
Company Intelligence Q&A
- What is Ceal Minerals' primary focus?
- Ceal Minerals focuses on developing technology to improve the efficiency of seawater-cooled thermal power plants while removing atmospheric CO2 and providing sustainable alternatives to mining.
- Who founded Ceal Minerals?
- Ceal Minerals was founded by Mati Shani and Shany Hershkovitz in April 2024.
- What is Ceal Minerals' approach to carbon removal?
- Ceal Minerals uses electrochemical catalysis to capture CO2 and convert it into solid minerals, integrating this process with existing power plant infrastructure to reduce environmental impact and produce soft water for reuse.
- Which investor participated in Ceal Minerals' funding round in October 2025?
- In October 2025, Ceal Minerals received an investment from Israel Electric Corporation.
- What is the estimated cost of CO2 capture for Ceal Minerals' technology?
- Ceal Minerals' technology aims to capture CO2 at an estimated cost of $30 per tonne.