Greenlyte Carbon Technologies Secures $1.16 Million in Funding to Advance CO2 Capture and Hydrogen Generation Innovations

Greenlyte Carbon Technologies (GCT) is thrilled to announce that it has successfully raised $1,160,000 in funding to accelerate the development of its innovative low-energy direct air capture (DAC) technology. Founded as a university spin-out by two seasoned entrepreneurs and an expert in DAC research, GCT is at the forefront of sustainable solutions, utilizing a proprietary process that not only captures CO2 but also generates hydrogen as a valuable byproduct. The funding, which will be instrumental in enhancing GCT's operational capacity, will primarily be directed toward advancing the three critical steps of their technology: absorption in a specialized liquid, precipitation, and desorption through alkaline electrolysis. With 15 years of pivotal research backing their approach and relevant patents filed, GCT is well-positioned to make significant strides in the fight against climate change. This funding round marks a major milestone for the company, allowing it to refine its working prototypes and begin scaling production. As global demand for carbon capture technologies grows, GCT's groundbreaking method promises to be a game changer, offering a dual advantage of reducing carbon footprints while addressing the expanding need for hydrogen energy. As we embark on this exciting new phase, we invite passionate individuals to join our team and contribute to a greener future. Explore career opportunities with us at Greenlyte Carbon Technologies: [Join Us](https://greenlyte-carbon-technologies-gmbh.jobs.personio.de/).