+ stock plans
Converting carbon emissions to useable materials
Job no longer available
Converting carbon emissions to useable materials
1-20 employees
Job no longer available
+ stock plans
1-20 employees
To fight climate change with breakthrough science.
Ethylene is an important product used in many manufacturing processes, from PVC pipes to clothing to cars. As the world's most highly produced organic compound, it contributes significantly to carbon emissions. Dioxcycle aims to address this problem with a catalytic process that converts carbon trapped during manufacturing into ethylene using water and electricity. Producers that use ethylene in their manufacturing process can use their own carbon emissions as a supply of the chemical, reducing both their carbon emissions and the emissions involved in producing ethylene through traditional methods.
While there is a bright future in technologies that allow manufacturers to produce materials from their carbon emissions, cost is likely to prove a major challenge for Dioxycle. Regardless of green credentials, producers will be looking for value for money in sourcing materials, and high energy costs are a major expense in Dioxycle's process. However, the company has produced several proofs of concept since the company's founding, each more efficient than the last, and recent funding will be used in the construction of an industrial prototype showcasing the company’s efficiency.
Going forward, the company hopes to be able to take advantage of environmental tax credits for sustainable technology, providing a green credit to companies using its processes that offsets the increased energy use. As climate change approaches a tipping point, Dioxycle is likely to play an important role in reducing industrial emissions in the manufacturing process, as well as providing a major source of a widely used manufacturing material.
Kirsty
Company Specialist at Welcome to the Jungle
Jul 2023
$17m
SERIES A
Saint-Merri, Paris, France
Sarah Lamaison
(CEO)After receiving a PhD in catlytic technologies for the electro-conversion of CO2 into useful chemicals and fuels, they were a Postdoctoral Researcher at Stanford University.
David Wakerley
(CTO)Holds a PhD in Chemistry from the University of Cambridge. Was previously a Lindemann Trust Fellow at Stanford University and a Postdoctoral Researcher at Collège de France and the University of Cambridge.
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