Dioxycle
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| Industry | Technology |
|---|---|
| Founded | 2021 |
| Founders | Sarah Lamaison, David Wakerley |
| Website | dioxycle |
Dioxycle is a French-American technology startup company. Founded in 2021, it aims to develop sustainable ethylene from recycled carbon emissions. In 2023, it raised US$17 million in its Series A round from Lowercarbon Capital, Breathrough Energy Ventures Europe, and Gigascale Capital.[1] The company's primary product is a proprietary electrolyzer that uses water, carbon dioxide, and electricity to produce ethylene. It moved from lab trials to its first prototype in 2022.[2]
Corporate structure
The company is cofounded by Sarah Lamaison, who serves as its chief executive officer,[3] and its chief technology officer, David Wakerley.[4]
References
- ^ Jessop, Simon (July 25, 2023). "Dioxycle raises $17 million to help develop green ethylene". Reuters. Retrieved July 15, 2024.
- ^ Dillet, Romain (2023-07-26). "Dioxycle raises $17 million for its electrolyzer that turns CO2 into ethylene". TechCrunch. Retrieved 2024-07-15.
- ^ Peters, Adele (July 26, 2023). "This Gates-backed startup makes chemicals from carbon emissions". Fast Company. Retrieved July 15, 2024.
- ^ Fehrenbacher, Katie (Jul 26, 2023). "Dioxycle raises $17M from Breakthrough and Lowercarbon". Axios. Retrieved July 15, 2024.