CarbonCapture CEO Adrian Corless Recently Discussed His Company on AV’s Tech Optimist Podcast

CarbonCapture CEO Adrian Corless Recently Discussed His Company on AV’s Tech Optimist Podcast

Written by

Alumni Ventures

Published on

Read

2 min

MANCHESTER, NH, MAY 31, 2024Alumni Ventures (AV), one of the world’s most active venture capital firms, is a recent investor in CarbonCapture Inc. (CarbonCapture), a leader in direct air capture (DAC) technology. AV invested in the company’s $80 million Series A led by Prime Movers Lab, with participation from Amazon’s Climate Pledge Fund, Aramco Ventures, and Siemens Financial Services.

CarbonCapture develops and deploys direct air capture machines that can be connected in large arrays to remove massive amounts of carbon dioxide from the atmosphere. Their groundbreaking modular, open-system architecture provides their systems with a very high degree of flexibility, upgradeability, and scalability — ensuring they remain state-of-the-art over time.

CarbonCapture CEO Adrian Corless recently appeared on Alumni Ventures’ Tech Optimist podcast to discuss his company’s broader efforts to tackle the pressing issue of atmospheric carbon levels and provide insights on the massive potential for the engineered carbon removal industry.

See video policy below.

“You can think about it as this horrific climate problem or you could think about it as this really incredible new industry that you have no choice — it has to emerge,” said Adrian Corless, CEO of CarbonCapture Inc., on Tech Optimist. “It’s going to be an industry that’s going to be of the order of magnitude of today’s energy industry.”

Engineered carbon removal will be an industry that's going to be of the order of magnitude of today's energy industry.
Adrian Corless
CEO, CarbonCapture Inc.

CarbonCapture is using its Series A funding to scale operations and enhance its modular technology, which promises to be as upgradeable and scalable as data center infrastructure. The company will soon unveil its first commercial-scale module which was designed and built at their headquarters, in the Los Angeles Arts District.

“We believe that CarbonCapture’s DAC technology at scale is going to be a huge business,” said AV Founder and CEO Mike Collins, who hosted the conversation with Corless on AV’s Tech Optimist podcast. “We’re proud to support Adrian and his team. We love the team and space.”

CarbonCapture Inc. develops and deploys direct air capture machines that can be connected in large arrays to remove massive amounts of carbon dioxide from the atmosphere. With a patented modular open systems architecture, the company’s DAC systems allow for plug-and-play upgrades, mass production, unlimited scalability, and rapid technology iterations.

About Alumni Ventures

Alumni Ventures offers accredited individuals access to professional-grade venture capital, a key asset class missing from the portfolios of many sophisticated investors. Since 2014, AV has raised $1.3+ billion from 10,000+ investors and backed 1,400+ unique portfolio companies. AV is a top 20 VC firm in North America according to CB Insights and the #1 most active VC firm in the U.S., and #3 most active in the world, according to PitchBook’s 2022 and 2023 rankings. AV has won awards from Inc. Magazine, Fast Company, Benzinga, and the US FinTech Awards. AV funds are private, for-profit, and not affiliated with or sanctioned by any school.

About Tech Optimist

The Tech Optimist Podcast, presented by Alumni Ventures (AV), focuses on the intersection of technology, entrepreneurship, and innovation. True to our name, we are passionate about technology and its potential to drive positive change. We explore our lane through interviews with founders, investors, and futurists; discussions of new innovations; and reviews of trends in tech and venture capital. Subscribe Here »

Media Contact Info
Scott Murphy
Alumni Ventures
670 N. Commercial Street, Suite 403
Manchester, NH 03101
Email: [email protected]

Want to learn more?
View all our available funds and secure data rooms, or schedule an intro call.

New to AV?
Sign up and access exclusive venture content.

Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.