In Maryland, electrochemistry innovator EDAC Labs announces $3 million in seed funding to scale up its unique carbon removal technology. The round was led by the Grantham Foundation for the Protection of the Environment, an early-stage investor in climate-related innovations, together with a prominent set of angel investors.
EDAC Labs’ electrosynthesizer device creates acid and base at half the energy of conventional processes. For conventional direct air capture developers, EDAC Labs provides technology that is low cost and operates at ambient temperature and pressure. For metal mines, EDAC Labs provides technology that extracts valuable metals while sequestering carbon to achieve carbon-negative mining. For direct ocean capture, ocean alkalinity enhancement, and enhanced weathering developers, EDAC Labs supplies electrochemistry solutions to developers that lower project costs.
