Houston tech firm Cemvita Factory raises Series A capital

A Houston-based company using biotechnology processes to decarbonize industrial sectors closed a Series A funding round.

The financing was led by private investment group 8090 Partners, Cemvita Factory said. Oxy Low Carbon Ventures, a subsidiary of Houston-based Occidental Petroleum Corp. (NYSE: OXY), returned as an investor in Cemvita Factory’s Series A raise, along with contributions from Seldor Capital, Climate Capital and others. Cemvita Factory declined to disclose the amount of the fundraising…