Captura Corporation, founded in 2021, is a pioneering company in the carbon removal industry with headquarters in Pasadena, California. It focuses on developing ocean-based carbon capture technology to assist in combating climate change. Captura has raised a total of $45.3 million across multiple funding rounds from prominent investors like National Grid Partners and Japan Airlines. The company was co-founded by CX Xiang and Harry Atwater, leveraging advanced research from the California Institute of Technology.
| Attribute | Information |
|---|---|
| Founding Date | 2021 |
| Headquarters | Pasadena, California, USA |
| Founders | CX Xiang, Harry Atwater |
| Revenue | Not publicly disclosed |
| Number of Employees | Not publicly disclosed |
| Key Investors | National Grid Partners, Japan Airlines |
| Industry | Carbon Capture and Storage |
Captura Corporation was established in 2021 by CX Xiang and Harry Atwater, both esteemed scientists affiliated with the California Institute of Technology (Caltech). The inception of the company was rooted in groundbreaking research conducted at Caltech, focusing on the development of an innovative approach to capture carbon dioxide directly from ocean water. The vision behind Captura was to harness the vast potential of ocean-based carbon removal methods to aid in climate change mitigation. In its formative years, Captura secured strategic partnerships and funding from various investors interested in sustainable innovations. Early pilot projects were launched to test the feasibility of their ocean capture technology, which involved complex electrodialysis processes to efficiently extract CO2 from seawater without disrupting the ocean's natural balance.
Captura Corporation's primary focus is Direct Ocean Capture (DOC), a cutting-edge method devised to remove carbon dioxide from ocean water, thereby countering the effects of ocean acidification and improving marine health. This system functions by drawing in ocean water, processing it through a patented electrodialysis unit to separate CO2, and then returning the treated water to its source. This innovation not only aims at reducing atmospheric CO2 levels but also revitalizing ocean ecosystems.
Significant milestones include:
Captura Corp operates primarily through its ocean-based direct carbon capture systems, playing a significant role in the emerging carbon capture and storage industry. As of 2024, Captura is actively developing and testing larger, more efficient systems capable of capturing greater volumes of CO2 from ocean water. The company’s geographic focus includes North America, particularly California, and international markets like Norway, where they plan to install large-scale systems powered by renewable hydroelectric energy. Captura’s strategic partnerships with major investors and governmental bodies underscore its competitive edge, positioning it as a leader in the niche field of ocean-based carbon capture solutions. Captura is dedicated to expanding its operational footprint, aiming to reduce technology costs and increase the sustainability of its operations.
Captura Corporation stands out in the carbon capture industry as an innovator with its unique Direct Ocean Capture technology. Through substantial funding and strategic partnerships, the company has significantly advanced its technology from initial pilot projects to large-scale implementations. As climate change remains a pressing global issue, Captura's advancements represent crucial steps toward achieving substantial reductions in atmospheric CO2 levels. The company's trajectory suggests a promising future, with potential further expansion in high-renewable energy regions and continued technological advancements poised to enhance its impact on environmental sustainability.