Wednesday, November 20African Digital Business Magazine

Tag: carbon removal technology

Startups

SeaO₂ Secures €2+ Million for Pioneering Ocean Carbon Removal Technology

Dutch climate tech startup SeaO₂ has announced a major funding boost of over €2 million, aimed at accelerating its innovative carbon removal technology. Specializing in Direct Ocean Capture (DOC), SeaO₂ extracts CO₂ directly from seawater, helping reduce atmospheric CO₂ levels by enhancing the ocean’s natural absorption capacity. With backing from investors including DOEN Participaties, NEW-TTT fund, Future Tech Ventures, and CarbonFix, this funding will support SeaO₂ in scaling from prototype to a pilot plant with a planned capacity of 250 tons of CO₂ per year by 2025. “This investment is a recognition of our team’s dedication,” said CEO Ruben Brands, “and it’s a crucial step towards our mission of removing one gigaton of CO₂ by 2045.” SeaO₂’s partnerships with organizations like XPRIZE...