Startup Spiritus has lined up $30 million from the likes of Khosla Ventures to deploy technology that sucks carbon pollution from the air using machines.
The Series A round also includes Aramco Ventures, Mitsubishi Heavy Industries America and TDK Ventures. The funding will allow Spiritus to speed the build out of its so-called direct air capture (DAC) pilot plant in New Mexico, according to co-founder and Chief Executive Officer Charles Cadieu.
The facility is expected to come online in the second half of 2025 with the capability of removing 1,000 tons of carbon dioxide per year. The funding announced Thursday ...
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