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DACLab says it can remove CO2 using less electricity than many competitors
DACLab repurposed technology originally intended to capture carbon from power plants and other industrial facilities. It says the approach has been key to lowering costs.
The world’s countries may have pledged to cut its carbon pollution, but with global emissions reaching an all-time high last year they’ve fallen far short. The round was led by early Discord investor Peter Relan with participation from Silver Lake co-founder Dave Roux, WovenEarth Ventures founder Jane Woodward, and others. DACLab’s technology comes from TU Wein in Austria, where a partnership with Shell had produced a point-source carbon capture unit that ran for nearly three years.
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