Spiritus dac. The round was led by Aramco Ventures and joined by .
Spiritus dac Founded by serial entrepreneur Charles Cadieu, with two successful start-ups under his belt, and seasoned chemical engineer Matt Lee, with a decade of experience at one of the US’s premier national labs, Spiritus is innovating at the forefront of Direct Air Capture (DAC) technology. This milestone paves the way for what could become the world’s largest Direct Air Capture (DAC) facility, designed to remove 2 million tons of CO2 annually from the atmosphere, with first-phase operations beginning by 2026 at a fraction of current Climate tech company Spiritus is launching a pilot plant in New Mexico to demonstrate and test its cost-effective, scalable direct air capture (DAC) technology. Once it reaches full operational capacity, the facility located on Nambé Pueblo tribal land will be capable of delivering 1,000 tons of gross carbon removal capability. , August 08, 2024--Spiritus, a climate tech company developing low-energy, cost-effective Direct Air Capture (DAC) solutions, announced the filing of a Class VI permit application Mar 6, 2025 · Spiritus, a Los Alamos, NM-based climate-tech startup which specializes in direct air capture (DAC) technology, raised $30M in Series A Funding. Venture firm Khosla Ventures has backed direct air capture (DAC) startup Spiritus in an $11 million seed round. Mar 19, 2024 · Spiritus DAC facility concept. Today, Spiritus, the climate-tech disruptor redefining direct air capture (DAC), announced a $30 million Series A funding round, led by Aramco Ventures and joined by Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures. Mar 11, 2025 · Aramco Ventures, the venture capital arm of Saudi Aramco, has led a $30 million Series A funding round for U. This project, dubbed Orchard One, could eventually capture and store two million tons of CO2 annually, a significant leap in the fight against climate change. Even with certification standards in place, low-quality carbon dioxide offsets are prone to scandal, with estimates that only 10% of carbon offsets are realized (). By integrating a highly cost-effective sorbent material, low-energy consumption, and a modular design, Spiritus has unlocked a novel method for tackling the challenge of megaton-scale carbon removal. energy leadership and global climate goals. Aug 19, 2024 · Spiritus announced the filing of a Class VI permit application with the Wyoming Department of Environmental Quality for its Orchard One project. M. DAC technology, listed by the IEA as a key carbon removal option in the transition to a net-zero energy system, […] 3 days ago · Introducing Spiritus, and Why We Invested. The pilot facility will be established on tribal land in Nambé Pueblo, with support from the Nambé Pueblo Development Corporation (NPDC). 13. government have been searching for companies that are using various technologies to pull carbon dioxide directly from the atmosphere. It also announced it received an equity investment in the Mar 10, 2025 · Climate-tech startup Spiritus announced that it has raised $30 million in a Series A funding round, with proceeds aimed at enabling the company to advance its scalable, low-cost direct air capture (DAC) carbon removal technology. This positions Spiritus as a key player in industrial decarbonization, supporting both U. Spiritus represents a unique fusion of cutting-edge material science and scalable, cost-efficient carbon removal, making it a key enabler of the world's industrial future. Credit: Spiritus. ” May 20, 2024 · Spiritus, the climate tech company pioneering cost-effective solutions for scalable direct-air-capture (DAC) of carbon removal, announced on May 17th it has entered into a memorandum of understanding (MoU) with Aramco, one of the world’s leading global energy and chemicals companies. The round was led by Aramco Ventures and joined by Spiritus' Carbon Orchard represents a Rubik's Cube solution to efficient DAC technology. The milestone also follows an announcement from the company for an $11 million seed round raised, backed by venture firm Khosla Ventures. This investment, alongside contributions from Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures, aims to propel Spiritus’s Direct Air Capture (DAC) technology, an innovation that could significantly reduce the cost of Aug 8, 2024 · LOS ALAMOS, N. This $30M Series A investment will catalyze the widespread deployment of DAC, ensuring that growth does not come at the expense of our environment. . & RIYADH, Saudi Arabia--(BUSINESS WIRE)--Spiritus, the climate tech company pioneering cost-effective solutions for scalable direct-air-capture (DAC) of carbon removal, today entered into a memorandum of understanding (MoU) with Aramco, one of the world’s leading global energy and chemicals companies, and has additionally announced that it received an equity investment in Mar 7, 2025 · Spiritus is targeting a significant cost reduction for DAC, bringing costs down from $1,000 per ton to $100 per ton, making large-scale carbon removal feasible. Investors, big energy players and the U. -based climate tech company Spiritus. Dec 12, 2024 · Climate tech company Spiritus is launching a pilot plant in New Mexico to demonstrate and test its cost-effective, scalable direct air capture (DAC) technology. This infusion of capital will turbocharge Spiritus’ mission to eliminate carbon emissions from the built New Mexico direct air capture (DAC) technology company Spiritus announced its first pilot facility Dec. “Establishing Orchard One in the state of Wyoming marks a major advancement in our global journey towards net-zero… Spiritus co-founder and CEO Charles Cadieu said the cost of its sorbent is one-tenth the cost of other DAC sorbents, it will use less than half the energy of what others use, and construction of its facilities will be one-quarter of the cost of existing DAC facilities. LOS ALAMOS, N. With a dedication to innovation and sustainable stewardship of our environment, Spiritus has crafted a unique solution that achieves rapid sorption and desorption rates at a fraction of the sorbent cost versus state-of-the-art sorbents under passive DAC Spiritus stands out by offering DAC, an inherently high-quality approach, and real-time monitoring, reporting and verification. Spiritus is a climate tech company at the forefront of Direct Air Capture (DAC) technology. S. Climate tech company Spiritus has filed for a Class VI permit to build a massive carbon dioxide removal (CDR) facility in Wyoming. hdfvbtdkzxxssllibnpcmhyyjykfcvvdxoibdkpcjxifpzeuemipai