A $50M Series A?! In this economy? Aircapture recently raised a big round at a time when big raises in climatetech are hard to come by. Their secret? Producing a valuable product better for their customers than what currently exists, and not being dependent upon policy or carbon credits. They're doing modular direct air capture in places that otherwise need to buy merchant carbon dioxide from companies that sell gases. Shipping merchant CO2 to the Canary Islands isn't cheap. If modular DAC can provide cheaper and less carbon-intensive CO2, that's surely a win for the climate, the economy, and the learnings that allow us to scale along the way. Matt brought his insights about how he built a successful business in carbontech. Folks would be wise to listen up! N.B. The photos aren't of actual Aircapture facilities. This Episode's Sponsors Philip Lee LLP: legal resources for carbon removal buyers and suppliers Arbonics: forestry project developer in the EU Listen to the RCC episode with Lisett Luik from Arbonics Become a sponsor by emailing carbon.removal.strategies[at]gmail.com Use this affiliate link to use Descript's transcripting and podcast editing service Use this affiliate link to use Riverside to record your podcasts Sign up for the 9Zero climate coworking space with my referral code Resources Become a paid subscriber of Reversing Climate Change Subscribe to the Reversing Climate Change Substack Aircapture's website Aircapture's Series A announcement A Mighty Wind scene about being retro vs. now-tro 357: Making Graphite from Carbon Removal for Lithium-Ion Batteries—w/ Makoto Eyre, Founder & CEO of Homeostasis Capital efficiency
