Sirona Technologies raised €6M in a seed round to enhance its Direct Air Capture technology, aiming to establish a pilot plant in Kenya and capture 1 million tons of CO2 annually by 2030.
Information on the Target
Sirona Technologies, co-founded by Thoralf Gutierrez, a former Tesla engineer, is a climate tech startup focused on developing Direct Air Capture (DAC) technology to remove carbon dioxide (CO2) from the atmosphere. Recently, the company raised €6 million in a seed funding round co-led by LocalGlobe and XAnge, aiming to scale its operations and deploy its first pilot plant in Kenya, which intends to benefit local communities.
The company’s strategy mirrors Tesla's approach of prioritizing rapid product iterations to accelerate cost reductions and enhance scalability. In its inaugural year, Sirona developed three generations of DAC prototypes capable of capturing one ton of CO2 annually, and is currently working on the next phase aimed at capturing 20 tons per year by July this year.
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Industry Overview in Kenya
The necessity for climate mitigation has catalyzed the development of Direct Air Capture (DAC) technology, transforming what was once viewed as a far-fetched solution into a crucial component of climate action plans g
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LocalGlobe, XAnge
invested in
Sirona Technologies
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $6M