Ucaneo raised new funding from Aramco to accelerate the development of Germany's largest Direct Air Capture demonstration plant.

Mar 11, 2025•9 months ago

Round Type

seed

BerlinEnvironmental ServicesRenewable EnergyBiotechnology

Investors

Aramco

Description

Direct Air Capture startup Ucaneo has received new investment from Aramco to further its CO₂ removal technology. The funding will help Ucaneo to build a significant demonstration plant in Germany, aimed at validating its technology and meeting sustainability targets.

Company Information

Company

Ucaneo

Location

Berlin, Berlin, Germany

About

Ucaneo is a German climate tech startup focused on developing innovative CO2 removal technologies, particularly in the direct air capture (DAC) sector. Their approach utilizes an electrochemical process modelled on the human lung to capture CO2 efficiently at room temperature. Ucaneo's goal is to drive down costs in carbon capture, aiming for a price of below €300 per tonne of CO2 in the coming years. The company plans to scale its operations with one of Germany’s largest DAC testing facilities to foster development and commercialization.

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