Last deal

Amount

Venture - Series Unknown

Stage

30.05.2023

Date

9

all rounds

$88M

Total amount

General

About Company
Global Thermostat develops technology to capture carbon dioxide directly from the atmosphere and other sources.

Industry

Sector :

Subsector :

Keywords :

Also Known As

GT

founded date

01.01.2006

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's innovative technology captures carbon dioxide from the air using a highly porous substrate coated with materials that bind to the carbon dioxide. By utilizing residual heat instead of electricity, Global Thermostat offers a low-cost solution for distributing captured carbon dioxide to industries, aiming to transform it from a liability into a profit center. The company's goal is to address climate change and contribute to the circular carbon economy by commercializing its patented solutions for direct air capture. Founded in 2010 and based in Brighton, Colorado, Global Thermostat is at the forefront of developing resource-efficient and cost-effective methods to combat the climate threat.
Contacts