Industry | Technology |
---|---|
Founded | 2021 |
Founders | |
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, Breakthrough Energy Ventures Europe, and Gigascale Capital. 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.
Corporate structure
The company was cofounded by Sarah Lamaison, who serves as its chief executive officer, and its chief technology officer, David Wakerley.
References
- "Dioxycle's Groundbreaking Electrolyzer Transforms Carbon Emissions into Valuable Assets | Breakthrough Energy". www.breakthroughenergy.org. 13 June 2024. Retrieved 2024-09-22.
- 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.
- 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". COâ‚‚ Value Europe. Retrieved 2024-09-22.
- 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.