Aqualung Carbon Capture

About Aqualung Carbon Capture

Aqualung Carbon Capture develops membrane technology that utilizes water to efficiently capture carbon emissions from heavy industrial processes, such as natural gas and cement production. Their solution aims to provide a cost-effective and environmentally friendly method for reducing greenhouse gas emissions, facilitating the transition to decarbonization.

```xml <problem> Heavy industries like natural gas and cement production face increasing pressure to reduce carbon emissions, but current carbon capture methods can be expensive, energy-intensive, and require significant facility redesigns. Many existing solutions also rely on toxic additives, increasing operational risks and maintenance costs. </problem> <solution> Aqualung Carbon Capture offers a membrane technology that uses water to efficiently and cost-effectively capture carbon emissions from industrial processes. Their patented membrane technology provides a high-performing, absorbent-free process for reducing greenhouse gas emissions. The modular and scalable system can be retrofitted onto existing brownfield sites, aggregating clusters of industrial emitters and improving the economics for all participants. The technology requires no toxic additives or facility redesign, and saves substantial energy costs compared to other membrane or absorbent-based systems as it requires zero absorbents or associated regeneration energy. </solution> <features> - Patented membrane technology for efficient carbon capture using water - Absorbent-free process eliminates the need for toxic additives and reduces operating risks - Modular design allows for cost-effective carbon capture even at small scale and low CO2 concentration - Compact footprint (down to 5% of an absorption column) enables integration into existing plants without major modifications - Low energy demand compared to traditional carbon capture technologies - Compatibility with a wide range of industrial emitters and fuel sources, including natural gas and cement production </features> <target_audience> The primary target audience includes industrial companies in sectors such as natural gas, cement, pulp & paper, and mining & metals seeking to reduce their carbon emissions and transition to more sustainable business models. </target_audience> ```

What does Aqualung Carbon Capture do?

Aqualung Carbon Capture develops membrane technology that utilizes water to efficiently capture carbon emissions from heavy industrial processes, such as natural gas and cement production. Their solution aims to provide a cost-effective and environmentally friendly method for reducing greenhouse gas emissions, facilitating the transition to decarbonization.

Where is Aqualung Carbon Capture located?

Aqualung Carbon Capture is based in Oslo, Norway.

When was Aqualung Carbon Capture founded?

Aqualung Carbon Capture was founded in 2021.

How much funding has Aqualung Carbon Capture raised?

Aqualung Carbon Capture has raised 10000000.

Location
Oslo, Norway
Founded
2021
Funding
10000000
Employees
21 employees
Major Investors
Denbury Resources

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Aqualung Carbon Capture

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Executive Summary

Aqualung Carbon Capture develops membrane technology that utilizes water to efficiently capture carbon emissions from heavy industrial processes, such as natural gas and cement production. Their solution aims to provide a cost-effective and environmentally friendly method for reducing greenhouse gas emissions, facilitating the transition to decarbonization.

aqualung-cc.com1K+
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Crunchbase
Founded 2021Oslo, Norway

Funding

$

Estimated Funding

$10M+

Major Investors

Denbury Resources

Team (20+)

No team information available.

Company Description

Problem

Heavy industries like natural gas and cement production face increasing pressure to reduce carbon emissions, but current carbon capture methods can be expensive, energy-intensive, and require significant facility redesigns. Many existing solutions also rely on toxic additives, increasing operational risks and maintenance costs.

Solution

Aqualung Carbon Capture offers a membrane technology that uses water to efficiently and cost-effectively capture carbon emissions from industrial processes. Their patented membrane technology provides a high-performing, absorbent-free process for reducing greenhouse gas emissions. The modular and scalable system can be retrofitted onto existing brownfield sites, aggregating clusters of industrial emitters and improving the economics for all participants. The technology requires no toxic additives or facility redesign, and saves substantial energy costs compared to other membrane or absorbent-based systems as it requires zero absorbents or associated regeneration energy.

Features

Patented membrane technology for efficient carbon capture using water

Absorbent-free process eliminates the need for toxic additives and reduces operating risks

Modular design allows for cost-effective carbon capture even at small scale and low CO2 concentration

Compact footprint (down to 5% of an absorption column) enables integration into existing plants without major modifications

Low energy demand compared to traditional carbon capture technologies

Compatibility with a wide range of industrial emitters and fuel sources, including natural gas and cement production

Target Audience

The primary target audience includes industrial companies in sectors such as natural gas, cement, pulp & paper, and mining & metals seeking to reduce their carbon emissions and transition to more sustainable business models.

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