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Ucaneo secures funding to advance direct air capture technology in Germany

Ucaneo has secured funding from Aramco Ventures, enhancing its position in the Direct Air Capture (DAC) sector following a €6.75 million Seed round. The investment will accelerate the development of Germany’s largest DAC demonstration plant, set for commissioning in 2026, while Ucaneo's innovative technology aims to achieve cost-effective CO₂ removal using renewable energy sources. This partnership underscores the commitment to advancing decarbonization efforts and establishing a net-zero economy.
My Startup World - Everything About the World of Startups!
Euro DEU Florian Tiller Bruce Niven
Environment & Sustainability, Press Release
11:09 13.03.2025
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