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AirMyne

AirMyne is a Direct Air Capture company that is developing a technology to remove CO2 from the air using a patented process. Their liquid capture agent and low-temperature thermal regeneration process can integrate with various low-carbon energy sources. AirMyne’s R&D focuses on scalable, energy-efficient Direct Air Capture using low-temperature liquid solvent chemistry. Their solution uses a liquid solvent to capture carbon dioxide directly from the air through a low-temperature thermal process. AirMyne’s low-temperature, liquid solvent-based Direct Air Capture significantly improves energy efficiency and is designed for effective, permanent CO₂ removal.
2022
11-50
Berkeley, California, United States
Carbon CaptureCleantechEnvironmental EngineeringSustainability

Innovation

Industry Problem

AirMyne is solving the challenge of scaling energy-efficient, safe, and cost-effective Direct Air Capture technology to remove carbon from the atmosphere and combat climate change without relying on fossil fuels.

R&D Focus

AirMyne’s R&D focuses on scalable, energy-efficient Direct Air Capture using low-temperature liquid solvent chemistry and safe, cost-effective carbon sequestration technologies.

Innovative Solution

AirMyne’s solution uses a liquid solvent to capture carbon dioxide directly from the air through a low-temperature thermal process. The CO₂-rich solvent is then heated using waste steam or geothermal energy to release pure carbon dioxide, which is permanently stored underground. Their system prioritizes low-cost, safe, and easily sourced materials, enabling scalable, energy-efficient, and secure carbon removal.

Solution Effectiveness

AirMyne’s low-temperature, liquid solvent-based Direct Air Capture significantly improves energy efficiency, potentially cutting energy use by up to 50% compared to traditional methods, while using low-cost, safe materials that enhance scalability and reduce operational risks. Their approach is designed for effective, permanent CO₂ removal, validated through rapid prototyping and real data.

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$6.9M

Last Funding Amount

$6.9M

Last Funding Date

March, 2024

Startup Stage

Seed

Lead Investors

Y Combinator, Alumni Ventures, Liquid 2 Ventures, Collaborative Fund, Soma Capital

Revenue

$40.7 M

People

Founders

Board Members

CEO

Products

Product

AirMyne’s core product is its Direct Air Capture technology, which uses a liquid solvent and low-temperature heat to efficiently capture and remove CO₂ from the air for permanent underground storage. While specific customer reviews aren’t publicly available, the technology has gained positive recognition through partnerships with companies such as Fervo, CarbonBuilt, and Rubi. – Customer Reviews – NA

Star Product

The star product is AirMyne’s Direct Air Capture system. It stands out because it combines energy-efficient, low-temperature liquid solvent technology with low-cost, safe materials, making large-scale, permanent carbon removal practical, scalable, and environmentally responsible.

Demo Product or Complete Product?

AirMyne’s Direct Air Capture (DAC) technology was first launched in May 2022, following its inception through Y Combinator’s Winter 2022 batch. Since then, the company has been actively developing and scaling its innovative DAC systems to capture and remove CO₂ from the atmosphere efficiently.

Awards and Recognitions

Awards

CarbonSAFE Phase III Award

Media Apperance

-E&E News – Bloomberg – Hindustan Times – Think Geo Energy

M&A and Collabs

Collab

AirMyne is collaborating with Fervo Energy to integrate its DAC systems with Fervo’s geothermal energy projects. This collaboration aims to utilize low-temperature geothermal heat to power AirMyne’s carbon capture processes, enhancing scalability and efficiency

Collab

As part of the CALDAC initiative, AirMyne collaborates with other DAC companies, CO₂ utilization firms, and academic institutions to develop a DAC hub in California’s San Joaquin Valley.