Saturday, April 20, 2024
HomeFunding CA-based AirMyne Secures $6.9Million in Seed Funding

[Funding alert] CA-based AirMyne Secures $6.9Million in Seed Funding

AirMyne, a greentech startup secures $6.9million in seed funding. EMLES, Another Brain, Soma Capital, Wayfinder, Y Combinator, Alumni Ventures, Liquid 2 Ventures, and Impact Science Ventures were among the backers.

AirMyne, a greentech startup secures $6.9million in seed funding. EMLES, Another Brain, Soma Capital, Wayfinder, Y Combinator, Alumni Ventures, Liquid 2 Ventures, and Impact Science Ventures were among the backers.

The money will be used by the company to grow both its operations and growth initiatives. AirMyne, a greentech firm, is headed by CEO Sudip Mukhopadhyay and Mark Cyffka with the goal of reducing the effects of climate change.

Read also – CA-based BREV/ɅN Secures $9Million in Seed Funding

The business has created Direct Air Capture technology, which extracts carbon dioxide from the air by using a liquid solvent capture agent. After being heated, the carbon dioxide-rich liquid is directed to a desorption unit where it releases a pure stream of carbon dioxide that is ready to be hidden and sealed away.

The technique has been designed to work with a variety of renewable energy sources, such as geothermal and waste heat produced by heavy industry, and it only requires low-cost, readily-available system inputs.

About AirMyne

AirMyne, a greentech startup is developing next-generation Direct Air Capture technology to extract CO2 from the atmosphere. Their approach is designed to work with a variety of renewable energy sources, such as waste heat produced by heavy industry and geothermal energy, and it just requires inexpensive, readily available system inputs.

Read also – WI-based Fetch Secures $50Million in Debt Funding

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular