Due to the tiny fraction of CO2 in the ambient air, traditional DAC installations require extremely costly infrastructure with gigantic fans, along with high heat requirements for the chemical process, driving costs even further up. However, there are already millions of cooling towers processing vast amounts of ambient air and with huge inherent waste heat, which NeoCarbon’s process leverages to drastically cut down costs and deployment speed for DAC. Thus, NeoCarbon contributes to enabling the capture of gigatons of CO2 per year by 2050, needed to keep climate change from irreversible catastrophic levels according to the IPCC.
The NeoCarbon team combines a wide range of expertise, from engineering, R&D to industry experience and business know-how. René is NeoCarbon's first Co-Founder and CEO. Originally an industrial engineer, René has most recently been scaling teams to over 100 people at tink. Silvain is NeoCarbon’s second Co-Founder and CTO. Also an engineer, he is a second-time founder and exited his previous company in 2019. Andrew is NeoCarbon’s Head of R&D. He is an expert in carbon technologies with a PhD and industry experience in the field.
The NeoCarbon team validated demand by signing strategic partnerships and first customer Letters of Intent (LOIs). The Berlin-based start-up is also currently building a first minimum viable product (MVP). Together with support from Munich Re and ERGO, the team wants to move from MVP level to a commercial pilot and work on their go-to-market strategy.
For further information, please go to https://www.neocarbon.tech/.