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To accelerate the world’s transition to carbon negativity.
Carbon credits have come under increasing scrutiny in 2023 due to the unreliability of the initiatives where companies can opt in to neutralize their carbon emissions. Noya aims to be a credible and effective solution for companies, creating a direct impact through scalable and cost-effective hardware.
Founded in 2020, Noya has created a CO2 capture device that can be installed into existing industrial machinery and removes carbon dioxide from the air on a timescale that corresponds with the speed of carbon reduction plans. The technology is scalable and flexible, and was awarded $11 million in investment in April 2023. The funds will be used to expand the company’s team and ramp up testing and manufacturing of its product.
With a pilot scheme planned for late 2023, the effectiveness of Noya remains to be seen, but its savvy marketing strategy of carbon credits creates a viable financial model to bolster an admirable aim.
Freddie
Company Specialist at Welcome to the Jungle
Daniel Cavero
(CTO)Previously AI & Robotics Product Manager at Nod Labs, Mechanical Engineer at rLoop Incorporated, Undergraduate Research Assistant at Micro-Electro Mechanical Systems Laboratory and SDSU Research Foundation.
Josh Santos
(CEO)Previously Senior Program Manager of EV Powertrain Development for Harley-Davidson Motor Company, Project Manager at Tesla and Chief of Staff at Labdoor.