Dioxycle

Last updated
Dioxycle
IndustryTechnology
Founded2021
Founders
  • Sarah Lamaison (CEO)
  • David Wakerley (CTO)
Website dioxycle.com

Dioxycle is a French-American technology startup company. Founded in 2021, it aims to develop sustainable ethylene from recycled carbon emissions. [1] In 2023, it raised US$17 million in its Series A round from Lowercarbon Capital, Breakthrough Energy Ventures Europe, and Gigascale Capital. [2] 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. [3] [4]

Corporate structure

The company was cofounded by Sarah Lamaison, who serves as its chief executive officer, [5] and its chief technology officer, David Wakerley. [6]

References

  1. ↑ "Dioxycle's Groundbreaking Electrolyzer Transforms Carbon Emissions into Valuable Assets | Breakthrough Energy". www.breakthroughenergy.org. 13 June 2024. Retrieved 2024-09-22.
  2. ↑ Jessop, Simon (July 25, 2023). "Dioxycle raises $17 million to help develop green ethylene". Reuters . Retrieved July 15, 2024.
  3. ↑ Dillet, Romain (2023-07-26). "Dioxycle raises $17 million for its electrolyzer that turns CO2 into ethylene". TechCrunch . Retrieved 2024-07-15.
  4. ↑ Lili (2023-06-27). "Our Member Dioxycle Is Among the 8 Startups Selected by C2V Initiative for the 3rd Year of Its Carbontech Accelerator Program". CO₂ Value Europe. Retrieved 2024-09-22.
  5. ↑ Peters, Adele (July 26, 2023). "This Gates-backed startup makes chemicals from carbon emissions". Fast Company . Retrieved July 15, 2024.
  6. ↑ Fehrenbacher, Katie (Jul 26, 2023). "Dioxycle raises $17M from Breakthrough and Lowercarbon". Axios . Retrieved July 15, 2024.
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