Pace Ventures invests in Turnover Labs, a company revolutionizing point-source carbon capture and utilization with its innovative electrolyzer technology.

Information on the Target

Turnover Labs is a pioneering company in the field of point-source carbon capture and utilization, dedicated to transforming carbon dioxide (CO₂) emissions into valuable chemicals directly at the source. Utilizing innovative electrolyzer technology, Turnover allows heavy industries to adopt sustainable practices while simultaneously addressing their carbon footprint. This cutting-edge approach provides a commercially viable pathway for decarbonization, aiming to help industries transition towards a circular economy.

The company has been founded by Dr. Marissa Beatty, who brings years of expertise in chemical engineering and electrochemistry. Turnover Labs targets industries that face pressing environmental challenges and economically burdensome compliance measures. Their approach significantly mitigates costs associated with traditional carbon capture methods, positioning themselves as a crucial player for industries ready to embrace innovative solutions.

Industry Overview in the Target's Specific Country

The carbon capture industry is gaining momentum globally, particularly in the United States, where regulatory pressures and market demands compel industries to reduce greenhouse gas (GHG) emiss