Carbyon was founded in 2019, with the goal of making CO2 capture from the air an affordable and scalable technology. Their 'fast swing' technology boosts CO2 capacity, significantly reducing unit, energy, and project costs – critical factors for large-scale deployment.
This Series A funding round brings Carbyon’s total investments to over EUR 25 million. It included new investors Siemens Financial Services, Omnes Capital, and Global Cleantech Capital, alongside existing investors Invest-NL, Innovation Industries, the Brabant Development Agency (BOM) and Lowercarbon Capital. This international consortium, all with strong track records in supporting cleantech startups, shares a commitment to tackling climate change. A vision that seamlessly aligns with Carbyon’s mission to offer a scalable, affordable, and global carbon capture solution.
“Direct air capture is a key climate solution that will likely be part of a larger carbon removal portfolio", says Corporate M&A partner Ruud Smits. “It was a great pleasure to assist Lowercarbon Capital on this transaction with Ruben Rekers. Aided by the strong international consortium, Carbyon can now develop the first engineering-scale demonstrators, begin commercial pilot testing, and prepare for a significant scale-up.”
For more information read Carbyon's press release.