Dioxycle develops modular electrolyzer technology that transforms carbon dioxide emissions into sustainable ethylene, a key feedstock for various everyday products. This process enables the recycling of over 800 million tons of CO₂ annually, significantly reducing reliance on fossil fuel-derived ethylene.
Funding
$18.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
BELCFounders
Product
Problem
The production of ethylene, a crucial feedstock for plastics, fabrics, and construction materials, heavily relies on fossil fuels, contributing significantly to carbon dioxide emissions. Traditional ethylene production methods release substantial amounts of CO₂, exacerbating climate change and environmental degradation.
Solution
Dioxycle has developed a modular electrolyzer technology that transforms carbon dioxide emissions into sustainable ethylene. This process recycles CO₂ from industrial sources, displacing the need for fossil fuel-derived ethylene. The electrolyzer utilizes catalytic cores powered by renewable energy to convert captured CO₂ into ethylene, which can then be used in the production of various everyday products, including fabrics, plastics, and construction materials. Dioxycle's technology offers a cost-efficient and scalable solution for decarbonizing the ethylene supply chain and reducing reliance on fossil fuels.
Target Audience
Dioxycle targets industrial companies seeking to reduce their carbon footprint, manufacturers of plastics, fabrics, and construction materials looking for sustainable feedstocks, and organizations committed to building a circular carbon economy.
Features
- Modular electrolyzer design for CapEx efficiency and scalability
- Catalytic cores optimized for CO₂-to-ethylene conversion
- Integration with renewable energy sources for sustainable operation
- Compatibility with various CO₂ emission sources
- Production of ethylene suitable for fabrics, plastics, construction materials, and more
- Potential to prevent over 800 million tons of CO₂ emissions annually