a year ago

Mission Zero Secures £22M to Scale Direct Air Capture Technology

  • Mission Zero, a UK-based company developing direct air capture (DAC) technology, has raised £21.8 million in Series A funding led by 2150

  • Bill Gates’ Breakthrough Energy, which led the seed round in 2020, also participated in the round, alongside World Fund, Fortescue and Siemens

  • Mission Zero’s goal is to get a billion tonnes of DAC capability deployed by 2040 by producing machines that are easy to mass manufacture

  • The company aims to sell its DAC units to industries that need a steady supply of carbon, such as companies producing synthetic aviation fuel or even the carbonated drinks industry.

      • ProblemTechnology

      "Companies need a reliable and affordable source of carbon dioxide (CO2), but existing suppliers struggle to provide a consistent supply and are prone to price fluctuations."

      Solution

      "Mission Zero builds machines that capture CO2 directly from the air using a two-step process, providing a guaranteed and stable supply of CO2 to industries like synthetic aviation fuel and carbonated drinks."

      Covered on