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Dioxycle

company 1 Deal 1 Partner

Dioxycle is a deep technology company founded in 2021, specializing in converting CO2 into sustainable chemicals and fuels using a proprietary low-temperature, low-pressure electrolysis technology. Their mission is to decarbonize the chemical industry and enable a circular carbon economy by providing a cost-effective and efficient solution for carbon utilization.

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Founded 2021
Chemical Technology CompanyOEM/EquipmentTechnology Provider

Strategic Overview

  • Focus on industrial decarbonization by converting CO2 into high-value chemicals and fuels.
  • Proprietary low-temperature, low-pressure electrolysis technology offers a cost-effective and energy-efficient solution.
  • Aims to enable a circular carbon economy and reduce reliance on fossil fuels for chemical production.
  • Backed by prominent climate tech investors, indicating strong potential for scaling and commercialization.

Deal Activity from Public Sources

Dioxycle secures $33 million in Series B funding to scale its CO2 electrolysis technology
Financing Carbon Capture, Utilization, And Storage (CCUS), Green Chemicals Canada October 2023 with Lowercarbon Capital, Breakthrough Energy Ventures, Sofinnova Partners, Toyota Ventures, Capricorn Investment Group, Collaborative Fund
Dioxycle raises $17 million in Series A funding to advance its CO2 conversion technology
Financing Carbon Capture, Utilization, And Storage (CCUS), Green Chemicals Canada May 2022 with Breakthrough Energy Ventures, Lowercarbon Capital, Sofinnova Partners
Dioxycle secures $2.5 million in Seed funding for its CO2 utilization platform
Financing Carbon Capture, Utilization, And Storage (CCUS), Green Chemicals Canada October 2021 with Breakthrough Energy Ventures, Lowercarbon Capital

Investment Focus

Technologies
Other1

Key People

Dr. Sarah Lamaison
CEO & Co-founder
Dr. David Wakerley
CTO & Co-founder

Track Record

3
Years Active
Notable projects: Development of proprietary low-temperature, low-pressure CO2 electrolysis technology

Detailed Analysis

Sectors
Energy Transition
Technologies
Carbon Capture, Utilization, and Storage (CCUS)Green ChemicalsSustainable Fuels
Geographies
CanadaNorth AmericaWestern Europe
Deal Stage
GreenfieldBrownfield
Track Dioxycle