Dioxycle

Dioxycle
IndustryTechnology
Founded2021
Founders
  • Sarah Lamaison (CEO)
  • David Wakerley (CTO)
Websitedioxycle.com

Dioxycle is a French-American technology startup company. Founded in 2021, it aims to develop sustainable ethylene from recycled carbon emissions.[1] In 2023, it raised US$17 million in its Series A round from Lowercarbon Capital, Breakthrough Energy Ventures Europe, and Gigascale Capital.[2] The company's primary product is a proprietary electrolyzer that uses water, carbon dioxide, and electricity to produce ethylene. It moved from lab trials to its first prototype in 2022.[3][4]

Corporate structure

The company was cofounded by Sarah Lamaison, who serves as its chief executive officer,[5] and its chief technology officer, David Wakerley.[6]

References

  1. ^ "Dioxycle's Groundbreaking Electrolyzer Transforms Carbon Emissions into Valuable Assets | Breakthrough Energy". www.breakthroughenergy.org. 13 June 2024. Retrieved 2024-09-22.
  2. ^ Jessop, Simon (July 25, 2023). "Dioxycle raises $17 million to help develop green ethylene". Reuters. Retrieved July 15, 2024.
  3. ^ Dillet, Romain (2023-07-26). "Dioxycle raises $17 million for its electrolyzer that turns CO2 into ethylene". TechCrunch. Retrieved 2024-07-15.
  4. ^ Lili (2023-06-27). "Our Member Dioxycle Is Among the 8 Startups Selected by C2V Initiative for the 3rd Year of Its Carbontech Accelerator Program". CO₂ Value Europe. Retrieved 2024-09-22.
  5. ^ Peters, Adele (July 26, 2023). "This Gates-backed startup makes chemicals from carbon emissions". Fast Company. Retrieved July 15, 2024.
  6. ^ Fehrenbacher, Katie (Jul 26, 2023). "Dioxycle raises $17M from Breakthrough and Lowercarbon". Axios. Retrieved July 15, 2024.