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Noya

Noya develops innovative, energy-efficient Direct Air Capture (DAC) systems that permanently remove CO2 from the atmosphere. Our modular, all-electric technology uses affordable sorbents to capture over 1,000 tons of CO2 per deployment, ensuring long-term impact and providing verified carbon removal credits to help companies achieve net-zero goals.
2020
11-50
San Francisco, California, United States

https://noya.co

Carbon CaptureManufacturingRenewable EnergySemiconductorsSustainability
Innovation
Investment Funding
People
Products
Future Plan
Awards and Recognitions
M&A and Collabs
News

Innovation

Industry Problem

Noya is tackling the urgent problem of excess carbon dioxide (CO2) in the atmosphere, which is a major driver of climate change.

R&D Focus

Noya’s area of research and development focuses on energy-efficient, modular, and cost-effective Direct Air Capture (DAC) technology that permanently removes CO2 from the atmosphere. Their niche segment includes developing all-electric, water-positive DAC systems with innovative capture chemistry and rapid cycling capability optimized for large-scale carbon removal and reliable, high-quality carbon credits.

Innovative Solution

Noya solves carbon removal by developing an energy-efficient, all-electric Direct Air Capture system that uses affordable, innovative sorbent materials and a modular design for easy scaling. Their water-positive, interruptible process captures CO2 from the air and permanently stores it with transparent, third-party-verified monitoring, providing reliable, high-quality carbon removal credits to help companies achieve net zero.

Solution Effectiveness

Noya’s solution targets capturing 1,000+ tons of CO2 per deployment, aligning with incentives from the U.S. Inflation Reduction Act of 2022 to scale cost-effective Direct Air Capture. Their system removes CO2 on timescales of 1,000+ years, ensuring permanent impact. Additionally, their water-positive technology generates significantly more clean water than it consumes, enhancing sustainability in water-stressed regions.

Investment Funding

Last Funding Stage

Early Stage Venture

Total Funding Amount

$22.0M

Last Funding Amount

$22.0M

Startup Stage

Series A

Lead Investors

Union Square Ventures, Y Combinator, Lowercarbon Capital, Bossa Invest, Pioneer Fund

Revenue

$1M to $10M

People

Founders

  • Daniel Cavero
  • Josh Santos

Board Members

  • Andrew Clare
  • Fred Wilson
  • Sophie Bakalar

CEO

  • Josh Santos

Products

Product

– Direct Air Capture (DAC) System – Captures CO₂ from the air. – Carbon Removal Credits – Provides verified carbon offsets. – Modular Reactors – Scalable CO₂ capture units. – MRV System – Tracks and verifies CO₂ removal. – Water-Positive Technology – Produces clean water during CO₂ capture. – Customer Review- “Noya’s pursuit of an all-electric and energy-efficient direct air capture system gets us excited about the possibility of a low-cost DAC technology.” – Mitch Selby, Sustainability Fund Lead at Shopify

Star Product

Direct Air Capture (DAC) System is Noya’s core innovation that efficiently and cost-effectively removes CO₂ directly from the atmosphere on a large scale, using modular, energy-efficient, and water-positive technology, making it the foundation for their carbon removal solutions and verified carbon credits.

Demo Product or Complete Product?

Noya’s first product launch is a modular Direct Air Capture (DAC) system around 2020 using affordable and readily available materials and utilizing a modular and scalable design.

Future Plan

Market Expansion

Noya is aiming to reach $100/ton by 2029, which could open the carbon credit market to traditional purchasers and further incentivize investment in Noya’s Direct Air Capture technology.

Awards and Recognitions

Awards

-Finalist for the 2025 East Bay EDA’s Innovation Awards – Nominated for The Index Project Award 2023

Media Apperance

– Carbon Pulse – Forbes – Fast Company – The Green Biz – Wall Street Journal

Certifications

Noya has received a notable certification from the California Energy Commission

M&A and Collabs

Collab

Noya collaborated with Johnson Matthey to manufacture its proprietary sorbent, a critical component of its DAC system in 2024

Collab

Noya collaborated with AGC to develop custom CO₂ heat exchangers for integration into cooling towers in 2022