Carbon-from-sea venture secures new funds

The new capital will enable a transition from prototype to pilot plant, strengthen the team, and set up a comprehensive monitoring, reporting and verification system, the company said. A pilot plant with an annual capacity of 250 tonnes of carbon dioxide is scheduled for launch during the summer next year.

SeaO₂ has already established strategic partnerships with organisations including XPRIZE Carbon Removal, TU Delft, Klarna, Wetsus, and Redstack, in preparation for expansion in the climate technology sector. The company has also taken part in a successful carbon removal project with Paebbl, a captured carbon storage company, in the Wadden Sea.

Ruben Brands, CEO and co-founder of SeaO₂, commented: “This investment recognises our team’s hard work and dedication. With this extra support, which so far included grants, subsidies, our own investments, and early customers, we can scale our operations and accelerate our impact on climate change even more rapidly. It is a crucial step towards our goal of removing a megaton of CO₂ by 2030 and a gigaton by 2045, advancing our mission in the fight against climate change.

“Obviously, we want to scale up as fast as possible. That’s why we have participated in several accelerator programmes like Ceezer, Blue Invest, AirMiners, and Remove. Currently, we are learning a lot by participating in the Port XL, Creative destruction lab / XPRIZE CDR programme and Ocean Vision programmes,” he added.

The investors have expressed strong support. In a statement, DOEN Participaties, said: “We are investing in SeaO₂ because current carbon removal methods are not yet effective at the required scale. Therefore, innovations like SeaO₂ are urgently needed, and funding is essential to drive the sector forward and unlock its potential for global impact.”