Filtration + Separation’s Post

Funding News: Graphyte has secured $30 million in Series A funding, led by Prelude Ventures and Carbon Direct Capital with support from existing investors Breakthrough Energy Ventures and Overture . This capital will accelerate the deployment of Graphyte’s Carbon Casting technology and expand its carbon removal operations. Graphyte’s Carbon Casting process sequesters carbon-containing biomass waste underground, offering a cost-effective solution compared to other methods. 🗣  “We are thrilled to work with an amazing set of leading climate investors to start bringing durable carbon removals to scale using our proprietary Carbon Casting process," said Barclay Rogers, CEO of Graphyte. "Graphyte's solution is among the most promising for rapidly deploying durable carbon removal at massive scale." “Getting to 50,000 tonnes of annualized removal capacity so quickly speaks to both the scalability and cost competitiveness of Graphyte’s carbon removal technology,” said Mayank Kapoor, Principal at Carbon Direct Capital. "Carbon removal must scale as quickly as possible to make a climate impact and buyers are ready for solutions with high permanence and strong MRV," said Matt Eggers, managing director at Prelude Ventures. #CarbonRemoval #ClimateTech #SustainableInnovation #SeriesAFunding #CarbonCasting #GreenTech #ClimateAction #CleanEnergy #TechForGood #ClimateChangeSolutions

What's happening this week in #climatetech ? Check out the updates below 👇 and let us know what else is going on in the comments! #Fundraising 🌳 Sonichem, a UK-based start-up, raised £1.2M in Pre-Series A funding from ACF Investors. Sonichem is a clean technology company that converts forestry by-products in renewable bio-based chemicals. 🔌 Gridcog, a UK-based clean energy software startup, raised £3.3M in funding from AlbionVC. Gridcog’s software allow for companies to get a holistic view of energy resources, including solar, wind, battery, EV fleets, and charging infrastructure across multiple sites. 🔋 Anthro Energy, a San-Jose, CA-based battery company, raised $20M in Series A funding led by Collaborative Fund, along with Union Square Ventures, Emerson Collective, Voyager Ventures, Energy Revolution Ventures, Ultratech Capital Partners, Nor'easter Ventures, and Overlap Holdings. Anthro Energy provided lithium-ion batteries and a scalable solution to handle the tradeoff between energy density and safety in modern batteries. 🌍 Fervo Energy, a Houston-TX based geothermal development company, raised $244M in funding led by Devon Energy, Galvanize Climate Solutions, John Arnold, Liberty Mutual Investments, Marunouchi Innovation Partners, Mercuria, Mitsubishi Heavy Industries, Capricorn Investment Group’s Technology Impact Fund, Congruent Ventures, DCVC, Elemental Excelerator, Helmerich & Payne, and Impact Science Ventures. Fervo Energy provides carbon-free energy using geothermal power. 🍓 Oishii, a New Jersey-based vertical farming company, raised $134M in Series B funding led by NTT, along with Bloom8, McWin Capital Partners, Mizuho Bank, Mitsubishi Shokuhin Co Ltd Co., Ltds., the Japan Green Investment Corporation for Carbon Neutrality (JICN,) and Yaskawa Electric Corporation. Oishii develops vertical farming technology to grow fruit indoors at a commercial scale. #Science 🛰 New satellite mission led by the Environmental Defense Fund will help scientists detect methane emissions from oil and gas industry. #Policy 🤯 Biden Administration issued new regulations requiring facilities to address potential disasters that could result in accidental releases linked to climate change.

Congratulations to Science Creates member company WASE LIMITED on securing £8.5 million in funding to maximise biogas production with next-generation waste-to-energy tech! The start-up is accelerating sustainable waste and energy innovation by helping businesses harness the power and value of their waste to produce a circular economy. Its plug-and-play technology uses special bio-electrodes hosting electrically active bacteria to allow commercial waste to be treated onsite and up to 10 times faster, whilst extracting 30% more methane and boosting energy production by 30% in comparison to traditional anaerobic digestion. This seed funding round led by lead investors will accelerate WASE LIMITED's growth towards revolutionising the wastewater industry to protect the planet for future generations. Find out more below. #deeptech #innovation #sustainability

Decarbonization is not just about installing solar and wind; it also requires reducing emissions across entire supply chains in many sectors globally, and importantly, finding new ways to turn waste streams into usable products at low carbon intensity. Nothing could be more important than doing so in rapidly emerging and fast growing sectors such as battery manufacturing. As we build manufacturing in new markets, such as North America and Europe, to shore up supply chains among other reasons, we need to ensure we execute projects with high environmental integrity. This is where Aepnus Technology comes in! Aepnus takes sodium sulfate from the battery supply chain, as well as waste streams from mining and materials manufacturing, and converts these wastes to usable products like sulfuric acid and sodium hydroxide using a high efficiency, low energy intensity process in a proprietary electrochemical process. Clean Energy Ventures is proud to have led Aepnus' Series Seed financing with Lowercarbon Capital, Voyager Ventures, MUUS Climate Partners, Impact Science Ventures and Gravity Climate Fund. And, we are delighted that venture partner, Mallika Gummalla, will serve as our board director bringing decades of commercial and technical electrochemical experience to the Aepnus team. We are delighted to welcome the Aepnus team to the Clean Energy Ventures' family! #climatecrisis #batterysupplychain @sodiumsulfate #venturecapital #aepnustechnology #cleanenergyventures https://lnkd.in/eC6MFDhF

Frontier, the Stripe-led carbon removal fund, just announced one of its biggest deals to date. The coalition agreed to pay Vaulted Deep $58.3 million to remove 152,480 metric tons of CO2 by 2027. The startup is injecting carbon-rich "slurry" made from organic waste into underground salt caverns, I wrote for Canary Media Inc. this morning. Vaulted is among a growing subset of carbon-removal companies that are looking to use biomass waste in particular. Determining what counts as "waste" — and verifying whether projects actually remove CO2 as intended — are key challenges facing the emerging category in general. https://lnkd.in/eCyQx_rp

How Brineworks Is Making E-Fuel Production More Affordable Amsterdam-based startup Brineworks has recently secured €2 million in funding, led by VC firm Pale blue dot, to drive down the cost of e-fuel feedstocks. This investment highlights the growing confidence in Direct Ocean Capture (DOC) technology and its potential to transform the e-Fuel arena. Brineworks' seawater electrolysis technology enables sustainable and affordable extraction of CO2 and H2 from the ocean. This is key for achieving large scale e-Fuel production and decarbonizing highly emitting industries like maritime and aviation. The startups' recent seawater electrolyzer developments have set a new standard for CO2 extraction, with a clear path to under $100 per ton, compared to $230 – $630 per metric ton of CO2 for Direct Air Capture according to the International Energy Agency. "Current CO2 capture methods, whether from industrial sources or Direct Air Capture, are either not sustainable, too limited in scale, or too costly," said Gudfinnur Sveinsson, CEO of Brineworks. "Brineworks offers an alternative that is sustainable, scalable, and cost-effective, making e-Fuel scale-up for the maritime and aviation industries a real possibility." Brineworks' seawater electrolyzer provides a clean, decentralized, and self-sufficient energy solution, capable of powering engines without relying on the grid or being affected by geopolitical conflicts over fossil fuel supplies. This is true energy sustainability. "What if any nation in the world could make sustainable oil from renewable electricity and seawater alone? We think Brineworks found the key to that," added Hampus Jakobsson, General Partner at Pale blue dot. This new investment will help Brineworks, co-founded by Gudfinnur Sveinsson and Dr. Joseph Perryman, accelerate its technical development and will be key to deploying its first technical pilot project. Read more here: https://fcw.sh/keD6gg #FuelCells #Hydrogen #Electrolysis #RenewableEnergy #Sustainability #EFuels #DirectOceanCapture #ClimateChange #Decarbonization #GreenTechnology #EnergyInnovation

ArcTern is thrilled to announce our latest investment in Cyclic Materials! Cyclic Materials’ agnostic technologies enable rare earth magnets recycling out of end-of-life products such as wind turbines, EVs, MRIs or e-waste. Their process has significant environmental benefits in comparison to traditional mining, including a reduced carbon footprint and unparalleled water efficiency, while creating a sustainable circular economy that is crucial for the clean energy transition. ♻️ We are delighted to lead Cyclic Materials’ oversubscribed $53M Series B alongside BDC, Hitachi Ventures, Zero Infinity Partners, Climate Investment (CI), Microsoft, Fifth Wall, BMW i Ventures, Energy Impact Partners, and Planetary Technologies. Read the full announcement here: https://bwnews.pr/47EY9YN #CyclicMaterials #RareEarths #CircularEconomy #Sustainability

Renewable Metals, a WA-based battery recycling startup, has secured an additional $8.1 million in seed funding. This brings their total to over $16 million, with backing from major investors such as Investible’s Climate Tech Fund and the Clean Energy Finance Corporation. Their innovative process recovers critical minerals like nickel, copper, cobalt, lithium, and manganese from lithium-ion batteries. With plans to build a demonstration plant in the UK, their growth and R&D efforts are set to expand. A company like Renewable Metals would be a great fit for the Industry Growth Program grant. Their focus on sustainability and clean energy aligns perfectly with government priorities. The IGP grant supports businesses with innovative tech and strong commercial potential. Renewable Metals’ ability to recover valuable materials in a sustainable way makes them an excellent candidate for funding to help scale their operations and expand internationally.

Graphyte, a startup backed by Bill Gates, is gearing up to launch a large carbon removal facility. Located in southern Arkansas, the plant plans to use carbon-rich sawdust and woody waste from nearby paper mills to produce biomass bricks for underground storage. Key Points: - The Loblolly facility, set to begin production this week, aims to manufacture bio-bricks to remove 15,000 metric tons of CO2 by year-end and targets a capacity for 50,000 tons in 2025. - Graphyte's innovative approach leverages photosynthesis to extract carbon, allowing for a relatively low-cost operation compared to other carbon removal technologies. The startup's competitive pricing of $100 per ton makes its carbon removal services profitable and accessible, attracting buyers like American Airlines. - While Graphyte moves swiftly to commence production, it awaits regulatory approval for burying the bio-bricks in a construction debris landfill, expected next month. -Graphyte's rapid strides in carbon removal underscore the growing momentum and competition in the industry, driven by the urgent need to address climate change. While the article mentions this is the largest carbon removal facility, we want to provide additional insight that Exomad and Wakefield Biochar are 2 biochar manufacturers with high scale production, larger than this project. What do you think about the compaction and burial of biomass in landfill as opposed to biochar? Would you attribute biochar burial in landfill at the same value as this project type? 🌎⚡ We love hearing your thoughts on the subject. #CarbonRemoval #ClimateAction #Innovation https://zurl.co/PA6Q

Switzerland’s TreaTech uses its patented catalytic hydrothermal gasification (cHTG) technology to convert waste streams that are usually incinerated into integral products, such as clean #water for industrial use, minerals like #phosphorous, #nitrogen and #potassium used for #fertilizer, and methane-rich renewable #gas that can be used as an onsite energy solution or injected into the grid network. The aim is to help corporates to become more sustainable and turn cost centers into new revenue streams. “We give our clients access to the value of their waste,” says TreaTech CEO Frédéric Juillard. TreaTech reduces the #carbonfootprint of the waste disposal process by eliminating any form of off-site transportation of waste, he says. The Swiss scale-up, which was spun out of the Swiss Federal Institute of Technology (EPFL) in Lausanne in 2015, aims to build its modular waste treatment units, which can process three to five tons of waste per hour per module, next to its clients’ facilities. “Our technology is able to convert over 90% of organic carbon of any waste product into pollutant-free, methane-rich gas,” says Juillard. “This gas can be used to power our #wastetreatment process in a circular way, and the remaining gas can be injected into the grid network, stored or used to power our customer’s other on-site industrial processes.” The process not only replaces the use of fossil fuels, mitigating #climatechange, it also supports the #circulareconomy by recovering minerals that can be transformed into fertilizer, and clean water which can be re-used on- or off-site, making it a closed loop waste treatment solution, he says, and a potential source of revenue. Sign up for a free trial of The Innovator to find out more about this startup and access stories about how technology is impacting business. https://lnkd.in/eHmEMnvN