Industry
Energy and ClimateTech
Year of Investment
2022
Last round
Seed
Seed

NeoCarbon

Upgrading Industries To Negative Emissions

NeoCarbon captures CO2 at low cost and at scale by leveraging waste heat and existing infrastructure, as well as its novel monolithic reactor. Specifically, the company was founded to overcome the three primary obstacles hindering the scalability of Direct Air Capture (DAC): elevated costs, substantial electrical energy requirements, and slow scaling due to greenfield operations. Developed a breakthrough monolithic reactor based on hollow fibers to decrease the electrical energy and costs of Direct Air Capture. Utilizing pre-existing infrastructure to substantially reduce capital expenditures, eliminating the need for ground work (e.g. constructing roads, electricity and water lines) and other facilities to deploy modular Direct Air Capture units much faster. Harnessing the low-grade waste heat generated by industries lowers the electrical demand for the process by up to 93.5%, enhancing scalability and overall cost-effectiveness, with no impact on the industries’ operations.

  • 15-people team, supported by top industry-leading advisors.

  • Unique Direct Air Capture (DAC) technology with one patent filed and several more in the process.

  • 1,000+ of operating hours from 2 DAC units built, with operations in the field at a customer’s industrial site.

  • Two paying customers from Europe and Asia.

  • Tech validated by Fraunhofer IPT.

  • Backed by 4 VCs.

Industry
Energy and ClimateTech
Year of Investment
2022
Last round
Seed
Seed
René Haas
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Silvain Toromanoff
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