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Kenya-Based Startup Octavia Secures $3.9 Million in Seed Funding to Develop Carbon Capture Technology

The team

Emerging Technologies for a Sustainable Future

As calls for urgent climate action persist, innovative technologies are emerging globally to help remove heat-trapping greenhouse gases from the atmosphere. In Africa, one such pioneering startup is making significant strides in this area.

Octavia Carbon: A Pioneering DAC Startup in Kenya

Founded in Kenya two years ago, Octavia Carbon is a Direct Air Capture (DAC) startup leading the efforts to reduce global warming by capturing carbon dioxide from the air. The company’s founders, Martin Freimüller and Duncan Kariuki, have successfully developed a technology that captures carbon dioxide and stores it underground.

Scalable Carbon Removal in Kenya

Octavia Carbon has made significant progress since its inception, having already captured carbon in February after a period of developing the tech. The startup plans to build more machines to add to its existing fleet, increasing its capacity for scalable carbon removal in Kenya. With a growing team of 60 members, including 40 engineers doing research and development, Octavia Carbon is well-positioned to tackle this critical challenge.

Xprize Carbon Removal Finalist

As a finalist in the Xprize Carbon Removal competition, Octavia Carbon has gained recognition for its innovative approach to reducing greenhouse gas emissions. The startup’s goal is to offer more DAC and storage carbon credits to grow its revenues, with a focus on providing affordable solutions for clients.

Key Partnerships and Customers

Octavia Carbon has secured 12 major customers, including the Danish carbon removal marketplace Klimate. This impressive feat highlights the demand in the market for the startup’s services. The company’s founders attribute this success to their dedication to developing high-quality products that meet customer needs.

A Growing Team with a Shared Vision

The team at Octavia Carbon is comprised of experts from various fields, united by a shared passion for creating sustainable solutions. Freimüller, who previously worked at Dalberg, a global consulting firm focused on international development strategies, has brought valuable expertise to the startup.

Engineering Innovation and Climate Action

Freimüller emphasizes that achieving significant reductions in greenhouse gas emissions is an achievable goal through innovative engineering solutions. The company’s founders are optimistic about the potential for scalable carbon removal, citing the example of electric vehicles as a testament to what can be achieved through collaboration and determination.

Conclusion: A Bright Future for Direct Air Capture

Octavia Carbon’s remarkable progress in the field of direct air capture is a beacon of hope for those working towards a more sustainable future. With its commitment to innovation, scalability, and customer satisfaction, this startup is well-positioned to make a meaningful impact on global climate action.

Recommendations:

  • Follow Octavia Carbon on social media platforms to stay updated on their progress.
  • Explore the company’s website for more information about their technology and services.
  • Reach out to Annie Njanja, TechCrunch’s reporter covering startups and tech news in Africa, for tips or insights into emerging technologies.

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