Carbyon has successfully secured a €15.3 million investment round to enhance its direct air capture technology, enabling the advancement of scalable and cost-effective carbon capture solutions.

Target Company Overview

Carbyon, a Dutch startup founded in 2019 by Hans De Neve, specializes in direct air capture (DAC) technology aimed at mitigating climate change. The company has developed an innovative and patented technology designed to capture carbon dioxide (CO2) directly from the atmosphere. Using a unique 'fast swing' approach, Carbyon significantly enhances CO2 capacity while reducing energy and project costs, aligning with the need for scalable carbon capture solutions. With recent funding, Carbyon has amassed over €25 million in investment, facilitating the creation of engineering-scale demonstrators, initiating commercial pilot tests, and preparing for extensive scalability.

In its pursuit of impactful climate technology, Carbyon is preparing to expand production, aiming for an output of 50,000 DAC machines by 2031, with further plans to achieve gigaton-scale carbon removal by 2050. The company’s technology sets it apart as a leading candidate in the carbon capture industry, positioning it as a critical player in the efforts to further develop sustainable solutions for climate change.

Industry Overview in the Netherlands

The Netherlands is increasingly recognized as a hub for cleantech innovation, with a strong governmental and financial commitment to sustainability initiatives. The market for carbon capture technology is rapidly expanding, driven by escala

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Siemens Financial Services, Omnes Capital, Global Cleantech Capital

invested in

Carbyon

in 2024

in a Series A deal

Disclosed details

Transaction Size: $16M

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