Noya retrofits existing equipment with Direct Air Capture technology to efficiently extract carbon dioxide from the atmosphere, addressing the urgent need for carbon removal to achieve net-zero emissions. By utilizing energy-efficient and modular designs paired with renewable energy sources, Noya aims to provide cost-effective carbon dioxide removal solutions at scale.
Funding
$22M 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.
LCFounders
Product
Problem
The increasing concentration of atmospheric carbon dioxide necessitates scalable and cost-effective carbon removal technologies to mitigate climate change and achieve net-zero emissions targets. Current carbon removal methods often face challenges related to energy consumption, infrastructure requirements, and overall cost-effectiveness.
Solution
Noya provides a direct air capture (DAC) solution that retrofits existing infrastructure with modular, energy-efficient carbon capture technology. By integrating with existing equipment, Noya reduces the capital expenditure and deployment time typically associated with building dedicated DAC facilities. The company's approach leverages renewable energy sources to minimize the carbon footprint of the capture process. Noya's modular design allows for flexible deployment and scalability, enabling cost-effective carbon dioxide removal at various locations. The captured carbon dioxide can then be utilized or stored, contributing to a balanced carbon cycle.
Target Audience
Noya's primary customers include companies seeking to offset their carbon emissions, renewable energy developers, CO2 storage companies, and CO2 utilization companies.
Features
- Retrofit design that integrates with existing industrial equipment to minimize capital expenditure
- Modular architecture for scalable and distributed deployment
- Energy-efficient capture process optimized for renewable energy integration
- Innovative capture chemistry to maximize CO2 absorption