SeaO₂, a Dutch startup pioneering carbon removal technology, has secured over €2 million (approximately $2.17 million) in new investment to fast-track the development of its innovative carbon removal technology aimed at capturing CO₂ from seawater. This funding will help the company achieve its ambitious goal of removing one megaton of CO₂ by 2030 and scaling to a gigaton by 2045.
SeaO₂’s Direct Ocean Capture (DOC) system extracts CO₂ directly from seawater, returning carbon-free water to the ocean. This process enhances the ocean’s natural ability to absorb CO₂ from the atmosphere, playing a critical role in mitigating climate change.
The recent funding round included contributions from notable investors such as DOEN Participaties, NEW-TTT fund, Future Tech Ventures, CarbonFix, and angel investors Eduard Talman and Siddharth Kambe, among others. This financial support will enable SeaO₂ to transition from prototype to pilot plant and implement a robust Monitoring, Reporting, and Verification (MRV) system. The pilot facility, set to launch in summer 2025, is projected to remove 250 tons of CO₂ annually.
“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,” said Ruben Brands, CEO and co-founder of SeaO₂. “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.”
