💨 Abstract

RepAir Carbon, a startup in carbon capture technology, has raised $15 million in its Series A extension. The company aims to lower the cost of carbon removal to $70-$80 per metric ton, significantly less than the current $600 per metric ton. RepAir's innovation lies in using electricity to drive the chemical reaction for carbon capture, making the process more efficient and cost-effective.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖