Seattle, United States
Banyu Carbon, founded in 2022 and based in the United States, is developing an innovative light-driven approach to carbon capture, as conveyed by their slogan "Capturing Carbon With Light." This approach aims to address a significant challenge in the global decarbonization effort: the need for economical and energy-efficient carbon removal technology.
The company's technology leverages the surface ocean as an expansive collector for atmospheric CO2, utilizing photochemical reactions to achieve energy-efficient carbon removal. This method offers a distinct advantage over nature-based carbon capture, providing a pure CO2 stream for verifiable carbon credits, thus making it attractive to companies and governments alike.
In the growing carbon capture market, projected to reach $100 billion by 2030, Banyu Carbon aims to establish itself as a key player. The company recently secured a $6.50M Seed Round investment on 22 September 2022 from notable investors such as Rusheen Capital Management, LLC, Plug & Play Design, Crowley, Grantham Foundation, and Berge Bulk.
Klimate.co