$50M Series A fuels global expansion of modular, on-site direct air capture (DAC) systems that supply clean CO₂ to industrial customers.
Revenue-positive model cuts supply chain emissions, slashes CO₂ transport costs, and delivers immediate value to food, beverage, and manufacturing sectors.
Backed by multi-year contracts and an XPrize-winning project, Aircapture positions itself as a scalable, commercially viable carbon removal leader.
Aircapture, the XPrize-winning direct air capture (DAC) company, has raised $50 million in Series A funding, led by the Larsen Lam Climate Change Foundation, to accelerate deployment of its modular, revenue-positive DAC systems across industrial markets.
“This investment allows us to meet a critical, underserved need in the $70 billion industrial CO₂ market while decreasing the deployment and operational cost of large-scale carbon removal,” said Matt Atwood, founder and CEO of Aircapture.
Aircapture’s DAC units capture atmospheric CO₂ on-site and deliver high-purity CO₂ directly to end-users in food, beverage, manufacturing, and agriculture. This model sidesteps the volatile CO₂ supply chain, historically dependent on carbon-intensive byproducts from oil & gas, ethanol, and ammonia production—sources prone to disruption from geopolitical instability and rising energy costs.
“Our model delivers high-purity atmospheric CO₂ directly at the point of use, creating immediate economic value and significantly reducing the footprint of traditional CO₂ supply chains,” Atwood added. “With this funding, we’re expanding our technology deployment, accelerating project financing and manufacturing, and continuing to reduce the cost of direct air capture—making large-scale carbon removal a global reality.”
Legacy DAC technologies have struggled with scalability due to high costs and complex infrastructure. Aircapture’s containerized, modular approach is designed for speed and flexibility—lowering deployment costs, eliminating transport emissions, and generating immediate revenue through its “CO₂ as a Service™” model.
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The company has already secured multi-year contracts with major global customers, including a Fortune 100 beverage company. Its award-winning Project Hajar DAC installation proved the technology at commercial scale for permanent carbon removals, demonstrating real-world viability.
“Climate action requires scalable solutions that align carbon dioxide removal with commercial viability,” said Chris Larsen, founder of the Larsen Lam Climate Change Foundation. “Aircapture’s technology stands out because it delivers tangible, scalable benefits today. Their approach provides essential CO₂ for industries that depend on it daily while reducing atmospheric carbon levels.”
The new capital will be used to scale manufacturing of next-gen DAC units, expand commercial deployment across North America, Europe, and Asia, and grow Aircapture’s engineering and deployment teams, as it continues to position itself as a cornerstone of the carbon-neutral economy.
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