Dioxycle

Dioxycle, founded in 2020, is at the forefront of developing innovative carbon utilization technologies. Their mission, captured by their slogan, "Industrial solutions to carbon dioxide emissions", is to transform industrial emissions into sustainable chemicals, significantly enhancing energy and cost efficiency.

The company, headquartered in France, is tackling one of the world's pressing environmental challenges—carbon emissions—by aiming to displace fossil fuels in chemical production. With their technology, Dioxycle promises to potentially cut over 800 million tons of CO2 annually, addressing more than 1% of global emissions. The commitment to profitability is a driving force, intending to scale decarbonization at the necessary pace to meet net-zero targets.

Supported by prestigious investors such as Lowercarbon Capital, Breakthrough Energy Ventures, and Gigascale Capital, Dioxycle recently secured a $17.00M Series A investment on 26 July 2023. Their advancements, including a medium-scale Proof-of-Concept carbon monoxide electrolyzer, pave the way for a large-scale industrial prototype.