Greenlyte Carbon Technologies Secures $10.5 Million in Series A Funding for Groundbreaking CO2 Capture and Hydrogen Generation Technology

Greenlyte Carbon Technologies (GCT), a pioneering company committed to addressing climate change through innovative carbon capture solutions, is thrilled to announce the successful raise of $10.5 million in funding. This significant investment underscores the growing recognition of GCT’s groundbreaking approach in capturing CO2 while also producing hydrogen as a valuable byproduct. The company's low-energy Direct Air Capture (DAC) technology consists of three main process steps: absorption in a liquid, precipitation, and desorption via alkaline electrolysis. With a strong foundation built on 15 years of dedicated research, relevant patents, and operational prototypes, GCT is positioned to transform how industries mitigate their carbon footprints. Founded as a university spin-out by two serial entrepreneurs and an accomplished DAC researcher, GCT is at the forefront of the clean energy revolution. The newly acquired funds will be strategically utilized to scale up operations, enhance R&D capabilities, and accelerate the commercialization of its innovative technology. As GCT embarks on this exciting new chapter, the company invites talented individuals passionate about sustainability to join its mission in making a tangible impact on future generations. Interested candidates can explore career opportunities on their website. Together, GCT is empowered to combat climate change, drive the transition to sustainable energy, and pave the way for a cleaner, greener future. For more information, visit us at www.greenlyte.tech or explore our job openings at https://greenlyte-carbon-technologies-gmbh.jobs.personio.de/.