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US Luxury Group Buys Stake in Lab-Grown Maker

Feb 7, 2021 5:23 AM   By Rapaport News
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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)
Tags: Aether, Aether Diamonds, Clikia Corp., lab-grown, lab-grown diamonds, Rapaport News, Synthetic diamonds, Synthetics
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