Ucaneo funding news – Berlin-based Ucaneo Secures New Funding from Aramco

This investment follows Ucaneo’s €6.75 million Seed funding round, which was announced in September 2024. This not only highlights Ucaneo’s cutting-edge Direct Air Capture technology but also emphasizes its crucial role in helping industries transition to net zero.

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It positions itself as a key enabler, helping both emerging and traditional industries to manage their CO₂ footprint by providing a robust and reliable solution to remove CO₂ from ambient air.

It just launched its first industrial pilot at its premises, with a capacity of up to 30-50 tons of CO₂ per year—already making it one of the largest industrial DAC pilots in Germany.

Aramco Ventures’ investment will accelerate it to build Germany’s largest DAC demonstration plant, set to be commissioned in the first half of 2026. Beyond financial support, the investment also paves the way for potential joint deployments of future commercial plants.

Florian Tiller, Ucaneo co-founder and CEO, stated: "We are thrilled to welcome Aramco Ventures as one of our investors. For us, it was essential to find a partner who not only supports our scaling efforts but is also deeply committed to playing a leading role in the energy transition. Only through impactful scale and strong partnerships can innovative technology developers like Ucaneo enable the world to build a real net-zero economy."

Bruce Niven, Executive Managing Director at Aramco Ventures, added: "Direct Air Capture, if achievable at a competitive cost, could play a crucial role in global decarbonization. Ucaneo’s approach, leveraging novel solvents and renewable energy-driven electrochemistry, has the potential to deliver a cost-effective and highly efficient solution. We are excited to partner with Ucaneo’s innovative team to advance this technology toward large-scale adoption.”

Innovative Technology Inspired by Nature

It's state-of-the-art electrochemical DAC technology mimics the lung’s natural ability to manage CO₂. Using electricity and a specialized biomimetic solvent, Ucaneo’s system removes atmospheric CO₂ at room temperature with continuous regeneration, delivering pure, industrial-grade CO₂ for various applications.

Designed for high energy efficiency, it’s technology seamlessly integrates with variable renewable energy sources, such as solar and wind, enabling cost-effective, on-demand CO₂ removal. This flexibility allows operators to leverage energy price arbitrage, making it particularly attractive for high-grid-electricity price regions and remote renewable-powered deployments.

About Ucaneo

Ucaneo, headquartered in Berlin, specializes in developing cutting-edge technologies for direct CO₂ removal from the atmosphere. Its patented solutions leverage renewable energy to efficiently capture CO₂, helping to reduce global greenhouse gas emissions while also providing a sustainable source of CO₂ for industrial applications—closing the carbon cycle