a year ago

Airhive Secures Funding for 1,000-Tonne Direct Air Capture Pilot with Coca-Cola Support

  • Airhive, a UK-based startup developing direct air capture technology, has secured pre-seed funding from AP Ventures, Coca-Cola Europacific Partners (CCEP), Collaborative Fund, and angel investors

  • The investment will support the development and deployment of Airhive's second commercial pilot, a 1,000-tonne DAC system, at a CCEP site

  • This pilot aims to capture atmospheric carbon dioxide to replace fossil fuel-derived CO2 in CCEP's carbonated drinks, aligning with their sustainability goals

  • Airhive's technology utilizes "fluidised bed" technology, which is optimized for rapid and efficient CO2 capture, offering a cost-effective solution for businesses seeking to achieve their net zero commitments.

    • ProblemTechnology

      "Current carbon capture technologies are expensive and slow, making it difficult for businesses to meet their net-zero commitments."

      Solution

      "Airhive has developed a low-cost, energy-efficient, and rapidly scalable technology to capture carbon directly from the atmosphere. This technology uses fluidized bed technology to capture carbon dioxide from the air, making it more affordable and efficient than traditional methods."

      Covered on