Carbyon
Overview
Carbyon is a Dutch startup that was founded in 2019 by Hans De Neve. The company specializes in developing direct air capture (DAC) technology to remove carbon dioxide from the atmosphere. Based in Eindhoven, Netherlands, Carbyon uses a patented "fast-swing" thin film technology that aims to provide a cost-effective and scalable solution for carbon capture. To date, Carbyon has raised approximately €25 million in total funding, with a notable Series A round in September 2024 securing €15.3 million.
Recent Developments
- July 1, 2025: Carbyon secured strategic investment from ISAI Build Venture, a Bouygues-backed venture capital fund, which is expected to bolster the company's expansion into various industries such as green chemicals and sustainable building materials.
- June 12, 2025: French President Emmanuel Macron visited Carbyon's exhibit at VivaTech in Paris, highlighting the growing governmental interest in DAC technology and Carbyon’s pivotal role in climate change mitigation.
- March 17, 2025: Carbyon announced a collaboration with VDL Industrial Modules to develop its first outdoor demonstrators. The two companies have been working closely to design and produce prototype machines for CO2 capture.
- September 3, 2024: Carbyon closed a €15.3 million Series A investment round to demonstrate its DAC technology at full scale. New investor partners include Siemens Financial Services, Omnes Capital, and Global Cleantech Capital.
- October 23, 2024: Carbyon was featured in the Dutch Design Week, showcasing innovative concepts for future carbon capture technologies.
- Carbon Conference NL, November 2024: Carbyon participated in discussions on a green carbon economy roadmap for The Netherlands, emphasizing the need for proactive measures in carbon management.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | Eindhoven, Netherlands |
| Founders | Hans De Neve |
| Revenue | N/A |
| Profits | N/A |
| Key Investors | Siemens Financial Services, Omnes Capital, Global Cleantech Capital, Invest-NL, Innovation Industries, Lowercarbon Capital, BOM |
| Industry | Direct Air Capture Technology, Climate Tech |
| Number of Employees | 45 |
Early History
Carbyon's early development was influenced significantly by research conducted at TNO, a leading Dutch research institute. The concept for Carbyon's technology started in 2010 when founder Hans De Neve stumbled upon a porous material that could effectively adsorb CO2 while working on enhancing solar panels. Recognizing the material's potential, De Neve began exploring its application for direct air capture. In 2019, with support from TNO and local innovation networks in the Brainport Eindhoven region, Carbyon was officially launched as a company to further develop and commercialize this technology.
Company Profile and Achievements
Carbyon's business model focuses on scaling its patented fast-swing thin film DAC technology to provide a competitive solution for carbon removal. The company aims to reduce the cost of carbon capture below €100 per ton of CO2 removed, making it economically viable for large-scale implementation. Key achievements include:
- XPRIZE Milestone Award (2022): Recognized for their innovative DAC technology, providing crucial funding and validation for further development.
- Completion of First Prototype Machines (2023): Carbyon validated its technology with lab-scale machines that showed promising results in various environmental conditions, paving the way for commercial scale-up.
- Series A Funding (2024): Secured €15.3 million, enabling demonstration of its technology at an engineering scale and preparation for commercial pilot testing.
- Partnerships with Industry Leaders: Collaborations with companies like VDL Industrial Modules and participation in showcases such as VivaTech underscore Carbyon’s strategy of leveraging partnerships for technological and commercial growth.
Current Operations and Market Position
Carbyon is actively developing its DAC technology toward a commercial launch. The company plans to expand its production capabilities to manufacture 50,000 machines annually by 2031, ultimately aiming for gigaton-scale carbon removal by 2050. Situated in a competitive space alongside industry players like Climeworks and Global Thermostat, Carbyon's technological edge lies in its low-cost and high-efficiency features—which are critical differentiators. The company is also forming strategic alliances to navigate new markets and expand its technological applications, including sustainable aviation fuels and e-chemicals.
Conclusion
Carbyon is at the forefront of the direct air capture industry, playing a pivotal role in mitigating climate change through technological innovation. Its commitment to reducing carbon capture costs and promoting scalability is poised to make it an influential player in the global move towards carbon neutrality. With ongoing partnerships and government interest, Carbyon has a promising trajectory toward achieving significant environmental impact.