Kenyan startup, Octavia Carbon has obtained funding to enhance its innovative Direct Air Capture (DAC) technology, specifically designed to remove carbon dioxide (CO2) directly from the atmosphere.
Founder and CEO of Octavia Carbon, Martin Freimüller, noted the pivotal role of carbon capture technologies in the fight against climate change. Confident in the capabilities of the startup’s DAC technology, Freimüller stated that it would play a significant role in reducing global carbon emissions, contributing to the goal of achieving a net-zero future.
Octavia Carbon stands out as a trailblazer in technological solutions, providing a platform for individuals and companies to purchase carbon credits. This service is designed to be accessible and affordable, enabling people and businesses to actively reduce their carbon footprint. Simultaneously, Octavia Carbon remains committed to promoting climate justice in Kenyan communities.
The company leverages Kenya’s abundant geothermal resources, geographical advantages, and a skilled workforce to ensure cost-effective operations. Martin Freimüller envisions Octavia Carbon’s mission as delivering innovative technology while meeting the increasing demand for reliable and durable carbon credits.
Renew Capital, an African-focused impact investments organisation has recognised the critical role played by Octavia Carbon in addressing global climate challenges. The firm’s Investment Manager, Esther Mwikali, has expressed enthusiasm about supporting Octavia Carbon’s projects.
Octavia Carbon’s commitment to advancing DAC technology, coupled with its initiatives in providing accessible carbon credits and promoting climate justice, positions the company as a key player in the global fight against climate change.
The secured funding sets the stage for the startup to continue its impactful work and contribute significantly to a more sustainable and environmentally conscious future.
