RAPAPORT… Clikia Corp., a specialist in affordable luxury, has acquired a stake in Aether Diamonds, a synthetics producer that claims to grow its stones using carbon dioxide from the air.
US-based Clikia bought the “material” interest for $150,000, it said in a statement Thursday. The transaction was part of Aether’s $1.5 million funding round.
Aether claims to produce the “world’s first carbon-negative diamonds.” It collects carbon dioxide from the atmosphere and turns it into a hydrocarbon material that it can use to grow synthetic diamonds, according to its website. This reduces the need for fossil fuels, the company argues.
Image: Ring featuring pear-shaped lab-grown diamond. (Aether Diamonds)
US Luxury Group Buys Stake in Lab-Grown Maker
The Bottom Line
- Clikia Corp. acquired a material stake in Aether Diamonds as part of a $1.5 million funding round.
- Aether Diamonds produces synthetic diamonds using carbon dioxide captured from the air.
- The company claims its process is carbon-negative, reducing reliance on fossil fuels.
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