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Phlair raises €14.5M to rapidly scale its hydrolyzer-based Direct Air Capture (DAC) technology

Phlair (formerly Carbon Atlantis), a company developing a hydrolyzer-based Direct Air Capture (DAC) technology which enables scalable and low-cost CO2 capture from ambient air, raised a €14.5M seed round. The financing round is led by Extantia Capital, with participation from Planet A and Verve Ventures and includes a €2.5 M grant from the EIC accelerator. Existing investors Atlantic Labs, Counteract, and UnternehmerTUM Funding for […]