NeoCarbon, a promising ClimateTech startup, is at the forefront of reversing climate change by innovatively reducing the costs of Direct Air Capture (DAC). By utilizing cooling towers throughout Europe, the company significantly enhances the efficiency of climate action by retrofitting existing infrastructures with minimal disruption to their primary operations. This approach reduces setup times and costs for carbon capture systems by up to 10 times.
Founded in 2021 in Berlin, Germany, by engineers René Haas and Silvain Toromanoff, NeoCarbon is driven by a passion for sustainable technology and climate solutions. The startup is backed by the venture capital fund Antler, an indicator of its early-stage potential.
The company has recently secured an Early VC investment from IBB and the European Regional Development Fund as of May 1, 2024, highlighting investor confidence in its ability to scale and contribute significantly to the global carbon capture market.