RepAir Carbon Capture News
6 articles
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RepAir Carbon, a Tel Aviv, Israel-based developer of an electrochemical carbon capture solution, raised $15M in Series A extension funding
RepAir Carbon, based in Tel Aviv, has secured $15 million in Series A extension funding to advance its electrochemical carbon capture technology. The funding round was led by Taranis Carbon Ventures and Extantia Capital, with additional support from Ormat Technologies and Repsol. The company plans to use the funds to enhance its engineering and production capabilities and to conduct strategic demonstration projects with industry partners. RepAir Carbons technology is designed to capture CO₂ from diluted sources with significantly less energy consumption compared to traditional methods. The Israeli Innovation Authority also contributed a $3 million non-dilutive grant to support the companys efforts.
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RepAir Carbon Joins Shell and Mitsubishi in Gulf Coast Direct Air Capture Hub - Environment+Energy Leader
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RepAir Carbon: An innovative solution to remove Carbon Dioxide from the air | CTech
RepAir Carbon, a startup company developing a solution for carbon dioxide removal, has closed a $10 million Series A funding round led by Extantia Capital. The companys modular electrochemical Direct Air Capture (DAC) technology is scalable, flexible, and sustainable, using renewable electricity and requiring only a quarter of the energy of conventional solutions. RepAir Carbon was also part of the Israeli startup squad that participated in Calcalists Mind the Tech London 2023 conference, where they presented their company to senior executives from the tech industry.
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Israeli startup raises $10 million for CO2 capture solution | CTech
RepAir Carbon Capture has raised a $10 million Series A round led by Extantia Capital. The company has developed an energy-efficient and scalable CO2 capture solution using Direct Air Capture (DAC) technology. The DAC technology requires 70% less energy than the industry average and operates at ambient temperature using renewable energy sources. RepAirs electrochemical DAC can reduce the cost of capturing CO2 to $70 per ton, making it a potentially cost-effective solution at scale. The investment round from leading climate tech investors signifies the companys capabilities and its potential to be a leader in the space.
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RepAir Carbon Raises $1.5M in Seed Funding - FinSMEs
Tel Aviv-based modular Direct Air Capture technology company, RepAir Carbon, has raised $1.5M in Seed funding. The funding round was led by Counteract and ESIL, with participation from Consensus Business Group and ImpactAssets. RepAir Carbon plans to use the funds to expand its team, refine the existing prototype cell, and maximize efficiency and yield before scaling production for initial customer applications. The company provides a Direct Air Capture system powered solely by renewable energy, which can capture CO2 from the air in gigaton scale. The system can be deployed at the site of carbon storage or utilization, saving arable land and avoiding CO2 transport.
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RepAir Carbon realised fuel cell tech could be applied to CO2 capture - now they plan to scale
Israel-based RepAir Carbon has closed a $1.5 million seed funding round to develop its modular Direct Air Capture technology. The company aims to capture or store greenhouse gases at a gigaton scale with lower energy consumption and a less CapEx intensive design based on electrochemistry. RepAir uses an electrical current and a selective membrane to separate CO2 from the air, consuming up to 3 times less energy for each tonne of CO2 captured. The funding will help advance and optimize RepAirs TRL3 prototype. The investors in the funding round include Counteract, ESIL, Consensus Business Group, and ImpactAssets.
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