Greenlyte Carbon Technologies

Greenlyte Carbon Technologies

Developers of an air capture technology that turns ambient air into green hydro-carbons to eliminate fossil fuels. Learn more
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$3.5m

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€4.5m

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€10.5m

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Total Funding$20.0m

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Greenlyte.tech, also known as GCT, is a startup based in Essen, Germany, specializing in Direct Air Capture (DAC) technology. DAC is a process that captures carbon dioxide (CO2) directly from the ambient air, which can then be stored or used for other purposes. The founders of GCT have a rich background in entrepreneurship and DAC research, with over 15 years of experience in the field.

GCT operates in the environmental technology market, serving clients and partners across the industrial, chemical, and energy sectors. The company's business model revolves around the development and commercialization of DAC plants of various sizes. Their goal is to reach a capacity of 1 million tons (MT) of CO2 capture by 2035 and 0.1 gigatons (GT) by 2050.

The DAC process at GCT involves three main steps: absorption of CO2 in a liquid sorbent solution, precipitation as hydrogen carbonate, and desorption by electrolysis. These steps are carried out in DAC plants, which are installed at customer and partner premises. The company generates revenue by selling these DAC plants and providing related services.

GCT's team is led by Dr. Peter Behr, a serial entrepreneur with a proven track record in industrial scaling and sales, and Dr. Niklas Friederichsen, a leading researcher in carbon capture. The company values outcome over output, encourages continuous learning, and prioritizes work tasks in line with their higher goals of reducing CO2 emissions.

Keywords: Direct Air Capture, Carbon Capture, Environmental Technology, Industrial Scaling, Entrepreneurship, Carbon Dioxide, Sorbent Solution, Hydrogen Carbonate, Electrolysis, Continuous Learning.

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