a year ago

Mission Zero Raises $21 Million to Scale Direct Air Capture Technology

  • Mission Zero, a London-based developer of direct air capture (DAC) technology, has secured $21 million in Series A funding

  • The funding round was led by 2150, Breakthrough Energy Ventures, World Fund, Fortescue, and Siemens Financial Services

  • Mission Zero aims to use the funds to expand its operations and development efforts

  • By the end of 2024, the company plans to have three fully-funded systems operational in projects focused on CO₂ mineralisation, carbon-negative building materials, and sustainable aviation fuel.

      • ProblemTechnology

      "Climate change is a huge threat to the planet and we need to remove CO2 from the atmosphere to mitigate its impact."

      Solution

      "Mission Zero is developing direct air capture (DAC) technology to remove CO2 from the atmosphere and store it permanently."

      Covered on