Vycarb raises $5M to grow its groundbreaking water-based carbon capture and storage business, providing irreversible, quantified, and scalable climate-based solutions globally.

Vycarb, a climate technology company, has raised a $5M seed round to accelerate its water-based carbon capture and storage technology. Twynam and the round, joined by MOL Switch, Hatch Blue, Clocktower Ventures, Idemitsu and SGInnovate, seek to increase Vycarb's global implementation of distributed carbon storage solutions.

The technology developed by the company consists of capturing CO₂ in the form of bicarbonate water with a shelf life of 10-100,000 years. The simple syngas conversion technology of Vycarb's system eliminates the need for expensive purification, compression, or long-distance transportation, just like storage technology without the hassle and cost of dealing with it.

Vycarb's sensor-driven platform can also be used to monitor the carbon capture and storage process in real-time to guarantee high-integrity assurance for offset markets. The technology has already been implemented as part of field pilots, including the Brooklyn Navy Yard, proving to be effective technology to securely store low-concentration CO₂ emissions on-site through this technology.

"Our investment provides a means to industrial growth of our carbon storage technology where there is already a demand for localized carbon storage but where conventional approaches are too expensive or require a more intensive infrastructure," said Dr. Garrett Boudinot, the CEO at Vycarb. The platform can be applied cross-industry in various other industries, including bioenergy, power, cement, steel and coastal industries, using existing water infrastructure to turn it into climate solutions.

Vycarb has the support of the leading industry players, including Idemitsu, Rio Tinto, and BluescopeX, adding to the increased need for low-cost and easily quantifiable storage solutions. Besides, the company's solution is also suitable for global decarbonization processes, especially in maritime and industrial applications, being permanent and scalable.

While still advancing, Vycarb's novel breakthrough technology is showing how the innovation in energystorage will help achieve climate goals while providing workable, deployable technology for the industries that produce the highest levels of pollution.