Captura

EDP Ventures - Portfolio Update In recent months, several startups from our portfolio have achieved major milestones. Here’s a quick overview of what’s been happening: - Captura, a California-based carbon removal company, announced the launch of operations at its latest pilot plant in Hawaii. This facility, developed in partnership with O&G @Equinor and capable of removing 1,000 tons of CO2 annually, is the third and final pilot in Captura’s technology development program, setting the stage for the global deployment of its Direct Ocean Capture technology in large commercial systems. - Terabase Energy, a leader in digital and automation solutions for utility-scale solar, raised $130M in Series C funding led by @SoftBank Vision Fund 2, bringing its total to over $200M. The investment supports Terabase’s mission to drive renewable energy innovation by reducing costs and accelerating solar project deployment. SoftBank joins EDP as a strategic partner, backing Terabase’s growth and technology advancements. - Mixergy Ltd, a British startup revolutionizing water heating with AI, successfully raised £12 million in funding. Led by @Barclays Climate Ventures, this round also saw continued support from EDP Ventures and other existing investors. Find out more about EDP Ventures: https://lnkd.in/d8bcaxvC #EDPWeChooseEarth #InnovationAtEDP #EnergyTransition

Exciting News! 🎉 MOL Switch LLC is proud to announce our strategic investment in Captura - a trailblazer in Direct Ocean Capture (DOC) technology 🌊. In addition to the investment, MOL has signed an offtake agreement for the permanent removal of CO₂ from the atmosphere 🌍. By purchasing approximately 30,000 carbon removal credits —set for delivery by Captura’s commercial DOC facility before 2030 — we are reinforcing MOL’s ambitious 2050 net zero target 🚀 and championing cutting-edge decarbonization solutions. Captura’s groundbreaking DOC technology leverages advanced electrochemistry alongside the ocean’s natural CO₂ absorption capacity ♻️, paving the way for a cleaner, more sustainable future. We’re excited to back this transformative initiative and drive sustainable progress in the energy sector 🤝. MOL has long been a global leader in maritime shipping and logistics, renowned for its innovation and unwavering commitment to sustainability. For more details, please see the full press release: https://lnkd.in/gqAK-6Be #Decarbonization #Sustainability #CarbonRemoval #Innovation #ClimateAction #NetZero

We finished strong at our Biennial Summit, #OVS25, covering a lot of ground on our last day! A huge thanks to all the speakers and the roughly 450 attendees for making this gathering a success. 🌲 Showcasing Innovations from the Pacific Northwest - This plenary session featured a range of innovators and technologies from the Pacific Northwest region – a hotbed of innovation and a driver of cultural change. | Paula Mendonça, Ranah Chavoshi,Natalie Dakers, Julie Angus 🚀 Lessons from Launchpad - Innovators from Ocean Visions’ accelerator program, Launchpad, highlighted their technologies and took part in a “speed dating” session with a curated set of scientific and technical experts. | Sophie Chu, Ph.D., Martha Sutula, Allison Matzelle, Daan Reijnders, Dan Deviri, Jeanine Ash, Sarah Mastroni, Nikhil Neelakantan 🌊 Introducing the Ocean Visions Reduce Program - This session introduced Ocean Visions’ new program, Reduce, which is focused on the role of the ocean in reducing greenhouse gas emissions, and was followed by an interactive session bringing together key actors to identify priorities to advance focal areas. | Nikhil Neelakantan, Jennifer Clark, John Coates, Bill Staby 🌍 Ocean-Climate Innovation Hubs: Building Global Partnerships for Restorative and Equitable Solution - As the global demand for climate solutions intensifies, innovation is one of the only levers we have. This session explored how innovation hubs provide unique platforms for local and global stakeholders to drive transformative action. | Ugbaad Kosar, Sylvia Maria Campbell Alqueres, Quico Toro, Paula Mendonça, Shamim Wasii Nyanda, Catalina Reyes-Vargas, Mariam Swaleh, Leonardo Valenzuela Pérez, PhD ⚓Open Ocean Phytoplankton CDR - Participants contributed to the design of an RD&D program intended to produce a robust body of evidence about the additionality, durability, and safety of open system phytoplankton-based marine carbon dioxide removal.| Ruth D., Eric Schwaab, Lydia Kapsenberg   💻 Moving the Needle on MRV: Insights and Learnings from Data Standard Development, First Verifications, and a Look to Other Industries - Through presentations and a panel discussion, we examined the latest developments in data management guidelines, third-party verification processes, and model validation. |  Irene Polnyi, Jacki Long, Veronica Tamsitt, Lily Schacht, Thomas Peacock, Sherry Lippiatt, Anna Madlener 🗺️ Towards an African mCDR Road Map - Panelists shared key insights from the African mCDR Road Map workshop recently hosted in Tanzania and explored how the map fosters coordination, minimizes risks, and maximizes opportunities for Africa’s coastal states. | Mariam Swaleh, Shamim Wasii Nyanda, Leonardo Valenzuela Pérez, PhD   📣 SPEAKERS/ATTENDEES: Share your takeaways in the comments below and/or repost with additional details to keep the learning going!   #Innovation #OceanHealth #ClimateChange #Solutions #Networking #Decarbonization #CarbonRemoval #Science

The ocean naturally absorbs a third of global CO2 emissions—but what if we could enhance this ability while restoring marine ecosystems? We’re thrilled to share the first episode of our XPRIZE Carbon Removal docuseries, which documents our time in the field with the finalist teams observing their innovations at work. This episode follows four of the #XPRIZECarbonRemoval finalist teams who are pioneering marine carbon removal solutions–from harnessing biological systems to leveraging ocean chemistry and utilizing electrochemical processes. These innovations have the potential to cut carbon at scale, reduce ocean acidification, and protect marine life. The finalist teams focusing on ocean-based carbon removal are: 🌊 Captura: Captura provides a scalable, low-cost direct ocean capture (DOC) carbon removal solution, producing a measurable stream of CO2 for sequestration, using only seawater and renewable energy, with no other external additives or by-products. 🌊 Ebb Carbon: Ebb creates alkalinity from the seawater using an electrochemical process called electrodialysis. 🌊 Kelp Blue: Kelp Blue’s process leverages photosynthesis. Marine plants, like kelp, can absorb CO2, locking carbon away in the surrounding sediments and the deep ocean for thousands of years. 🌊 Planetary: Planetary enhances the ocean’s natural ability to fight climate change through ocean alkalinity enhancement (OAE). Learn more about Captura, Ebb, Kelp Blue, and Planetary’s impactful work to help fight climate change in this episode. https://bit.ly/4kWQ08l

🚨 Large CDR Deal Alert! 🚨 🤝 Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) has purchased 30,000 tonnes of CDR from US-based Direct Ocean Removal (DOR) company Captura. 🌊 MOL has also signed an agreement to join as a strategic partner to deploy commercial DOR plants and has invested in Captura through its venture capital arm, MOL Switch LLC. 🚚 The tonnes will be delivered by one of Captura’s first commercial DOR facilities before the end of 2030. 🆕This is MOL's first durable CDR deal outside of NextGen CDR. ⬆ This takes Captura up to 35th on the CDR.fyi Suppliers Leaderboard. 📈 MOL is the latest entrant on the CDR.fyi Purchasers Leaderboard, debuting at joint 21st. 🔗 To learn more, read the full announcement here: https://lnkd.in/gygcQi7H ✅ Join over 800 organizations and sign up for free to the CDR.fyi Portal (link in the comments below) to get detailed insights on past deals in durable CDR across methods.