?? Greenlyte: Fueling Circular Carbon with Direct Air Capture ??
?? This week’s spotlight is on Greenlyte Carbon Technologies, a German startup scaling #DAC with a unique approach capturing CO? while producing hydrogen. In just two years, they’ve moved from lab to demo, secured $40M from grants and venture capital, and are working toward a capture capacity of 0.1 GT of CO? per year by 2050.
How does Greenlyte operate?
?? Greenlyte utilises direct air capture to extract CO? from the atmosphere. Their innovative process employs a liquid-sorbent solution to absorb CO?, followed by an electrochemical process to release the captured CO? and generate green hydrogen.
???? The green hydrogen produced through its DAC process is a valuable byproduct, sold to industries like steel manufacturing to offset operational costs.
?? With its funding support from the EU and North Rhine-Westphalia, Greenlyte is advancing its DAC-2-e-Methanol initiative, combining its direct air capture technology with hydrogen production to create e-methanol, a major step toward scaling sustainable fuel solutions.
Greenlyte’s carbon removal strategy?
?? Integrating DAC into key industries to support green fuel production, CO? utilization, and long-term storage.
?? Backed by $40M in funding from investors like Earlybird, Green Generation Fund, and Carbon Removal Partners, and from grant funding, Greenlyte is one of the top five most-funded DAC startups globally.
?? Shoutout to the powerhouse founders (pun intended), ???? Florian Hildebrand, Dr. Niklas Friederichsen, Dr Peter Behr, and the entire Greenlyte team.
?? Excited to follow Greenlyte's journey as they scale their breakthrough DAC technology. Make sure to give them a follow to tag along.
