Carbon to Value Initiative Welcomes New Startups for Year Five of its Accelerator Program
The Carbon to Value Initiative (C2V Initiative), a notable collaboration among Greentown Labs, the Urban Future Lab at NYU Tandon School of Engineering, and Fraunhofer USA, proudly announces the selection of 10 startups for the fifth year of its innovative carbontech accelerator program. This initiative aims to catalyze progress within the carbontech ecosystem, and this year's cohort showcases a diverse range of groundbreaking solutions geared towards combatting climate change through carbon management.
After scrutinizing an impressive pool of 165 applications from 33 countries, the selection committee chose the following startups to participate:
1. Arbon from Brooklyn, N.Y., is pioneering a humidity-swing carbon-capture technology that captures CO₂ efficiently from both the atmosphere and point-source emissions.
2. Cella Mineral Storage, located in New York City, employs subsurface mineralization technology alongside integrated software to sequester CO₂ underground.
3. ICODOS from Mannheim, Germany, has developed a modularized system that captures emissions and transforms them into methanol.
4. Lite-1 from Vancouver, B.C., employs cutting-edge biomanufacturing to create eco-friendly colorants suitable for food, cosmetics, and textiles.
5. London-based Mission Zero Technologies utilizes a novel electrified, direct-air carbon capture approach that combines liquid adsorption with electrochemical technologies.
6. Octavia Carbon from Nairobi, Kenya, focuses on geothermal heating to facilitate direct air carbon capture through solid adsorption.
7. Rushnu, based in Pleasanton, California, integrates point-source carbon capture with chemical production, effectively converting salt and CO₂ into valuable chlorine-based chemicals.
8. Sora Fuel from Cambridge, Mass., captures carbon and directly converts it into syngas, aimed at creating sustainable aviation fuel.
9. Turnover Labs in Brooklyn is innovating with modular electrolyzers that turn raw industrial CO₂ emissions into essential chemicals without the need for capture or purification.
10. Finally, Universal Matter, located in Burlington, Ontario, utilizes a Flash Joule Heating process to convert carbon waste, including end-of-life plastics, into graphene.
This year's accelerator program spans six months, focusing on enhancing the startups' paths to commercial success while de-risking their carbontech innovations. Participants will have exclusive access to the Carbontech Leadership Council (CLC), an esteemed group comprised of leaders from various industries who are committed to fostering collaborative opportunities and validating carbon technology initiatives.
The CLC boasts members from prominent organizations such as Carbon180, Caterpillar Inc., L'Oréal, Shell, and TotalEnergies, which will extend invaluable mentorship and exposure to different market verticals, enhancing the startups’ chances for growth and success.
Since the program's inception, the C2V Initiative has been instrumental in the success of 35 startups that collectively secured over $600 million in follow-on funding, greatly enhancing their partnership opportunities and advancing carbon technology solutions.
Fred Clerc, the Director of the C2V Initiative, expressed enthusiasm for this year's cohort, stating, "With a record number of applications this year, we continue to see a thriving carbontech innovation ecosystem, and we're proud of the role the C2V program plays in building it."
Linda Ng Boyle, Vice Dean for Research at NYU Tandon, emphasized the initiative's alignment with the institution's aims for industrial sustainability, while Georgina Campbell Flatter, CEO of Greentown, highlighted the crucial connections that the accelerator fosters among startups and further established companies.
The C2V Initiative is set to kick off its public Year 5 event on December 4 at Greentown Boston, inviting stakeholders to come together and celebrate innovation in carbon management. For those interested in joining this frontier of technology, more details about the initiative can be found on its official website.
After scrutinizing an impressive pool of 165 applications from 33 countries, the selection committee chose the following startups to participate:
1. Arbon from Brooklyn, N.Y., is pioneering a humidity-swing carbon-capture technology that captures CO₂ efficiently from both the atmosphere and point-source emissions.
2. Cella Mineral Storage, located in New York City, employs subsurface mineralization technology alongside integrated software to sequester CO₂ underground.
3. ICODOS from Mannheim, Germany, has developed a modularized system that captures emissions and transforms them into methanol.
4. Lite-1 from Vancouver, B.C., employs cutting-edge biomanufacturing to create eco-friendly colorants suitable for food, cosmetics, and textiles.
5. London-based Mission Zero Technologies utilizes a novel electrified, direct-air carbon capture approach that combines liquid adsorption with electrochemical technologies.
6. Octavia Carbon from Nairobi, Kenya, focuses on geothermal heating to facilitate direct air carbon capture through solid adsorption.
7. Rushnu, based in Pleasanton, California, integrates point-source carbon capture with chemical production, effectively converting salt and CO₂ into valuable chlorine-based chemicals.
8. Sora Fuel from Cambridge, Mass., captures carbon and directly converts it into syngas, aimed at creating sustainable aviation fuel.
9. Turnover Labs in Brooklyn is innovating with modular electrolyzers that turn raw industrial CO₂ emissions into essential chemicals without the need for capture or purification.
10. Finally, Universal Matter, located in Burlington, Ontario, utilizes a Flash Joule Heating process to convert carbon waste, including end-of-life plastics, into graphene.
This year's accelerator program spans six months, focusing on enhancing the startups' paths to commercial success while de-risking their carbontech innovations. Participants will have exclusive access to the Carbontech Leadership Council (CLC), an esteemed group comprised of leaders from various industries who are committed to fostering collaborative opportunities and validating carbon technology initiatives.
The CLC boasts members from prominent organizations such as Carbon180, Caterpillar Inc., L'Oréal, Shell, and TotalEnergies, which will extend invaluable mentorship and exposure to different market verticals, enhancing the startups’ chances for growth and success.
Since the program's inception, the C2V Initiative has been instrumental in the success of 35 startups that collectively secured over $600 million in follow-on funding, greatly enhancing their partnership opportunities and advancing carbon technology solutions.
Fred Clerc, the Director of the C2V Initiative, expressed enthusiasm for this year's cohort, stating, "With a record number of applications this year, we continue to see a thriving carbontech innovation ecosystem, and we're proud of the role the C2V program plays in building it."
Linda Ng Boyle, Vice Dean for Research at NYU Tandon, emphasized the initiative's alignment with the institution's aims for industrial sustainability, while Georgina Campbell Flatter, CEO of Greentown, highlighted the crucial connections that the accelerator fosters among startups and further established companies.
The C2V Initiative is set to kick off its public Year 5 event on December 4 at Greentown Boston, inviting stakeholders to come together and celebrate innovation in carbon management. For those interested in joining this frontier of technology, more details about the initiative can be found on its official website.
Topics Other）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.