Eindhoven-based Carbyon, the Dutch Direct Air Capture (DAC) company, announced on Tuesday, November 28 that it has successfully proven its unique fast-swing process that can capture CO2 using less than 2,500 kWh/ton.
The Dutch company became the world’s first to drastically reduce the CAPEX (capital expenditure) costs of DAC equipment using its fast-swing process.
The company’s breakthrough significantly reduces energy consumption, bringing them closer to a cost-effective DAC technology below $100/ton.
“Our relentless stare-down with Mother Nature’s laws of physics finally gave us insights into how to solve this puzzle. This is a major team achievement, 2.500 kWh/ton is a challenging milestone for any DAC technology. Demonstrating this with an all-electric, low-CAPEX technology puts Carbyon in a pole position to reach the $100/ton target that the market is looking for. Nothing can stop us now,” says Hans De Neve, founder, and CEO of Carbyon.
Carbyon: Turning DAC into affordable and scalable technology
Founded by De Neve, Carbyon‘s aim is to turn direct air capture into an affordable and scalable technology that can be used to turn the corner on climate change.
The company is growing and is currently developing its first engineering-scale machine, which will be validated in the field together with pilot partners.
So far, the company has raised $10M (approximately €9.1M) and is currently raising a Series A round to finance upcoming activities.
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