RepAir Carbon, a Tel Aviv, Israel-based modular Direct Air Capture technology company, raised $1,5M in Seed funding.
The round was led by Counteract and ESIL, with participation from Consensus Business Group and ImpactAssets.
The company intends to use the funds to expand team, refine the existing prototype cell, maximizing efficiency and yield before scaling production for initial customer applications.
Led by Amir Shiner, CEO, RepAir provides a Direct Air Capture system based on proprietary electrochemical cell technology that can capture CO2 from the air in gigaton scale. Powered solely by renewable energy, the system can be deployed at the site of carbon storage or utilizations, saving arable land and avoiding CO2 transport.
Alongside Shiner, the Repair team includes co-founder and Chairman Yehuda Borenstein, CTO Ben Achrai, PhD, and Board Member Yushan Yan, PhD.
FinSMEs
07/10/2021