EINDHOVEN, THE NETHERLANDS (September 3, 2024) – Dutch direct air capture (DAC) startup Carbyon has secured an investment round of €15.3 million. The company has developed an innovative, patented technology to capture CO2 directly from the atmosphere. Their ‘fast swing’ technology increases CO2 capacity and thereby significantly drives down unit, energy and project costs – all critical criteria to facilitate large-scale deployment. This Series A financing round brings Carbyon’s total investments to more than €25 million. The strong financial backing will allow the company to develop the first engineering-scale demonstrators, start commercial pilot testing and prepare for an ambitious scale-up.
The company welcomes three new investors to the table: Siemens Financial Services,Omnes Capital and Global Cleantech Capital who are joining existing investors Invest-NL, Innovation Industries, Lowercarbon Capital and the Brabant Development Agency (BOM). This international consortium of investors, all having a strong track record of supporting cleantech startups, have a shared urgency to combat climate change. This seamlessly aligns with Carbyon’s mission to provide a scalable, affordable and global carbon capture solution.
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