Ocean-based Climate Solutions
Massively Scalable, Low-Cost Carbon Capture that Revitalizes the Ocean
https://wefunder.com/gigaton-carbon-capture
Total raised on Wefunder: 0
Total investors: 0
Quick facts
- π Raised $4 million for testing ocean trials, Sandia & Los Alamos National Labs & Oregon Wave Trust
- π Wave-powered pumps create phytoplankton blooms that absorb and sequester CO2
- π Low-cost. Estimated removal is $25/ton at scale vs. direct air capture at $60/ton at scale
- π³ Doesnβt harm the ocean ecosystem and benefits sea life by creating more food
- π©βπ¬ Pump design has been validated in wave tank experiments and open ocean trials
- π McKinsey projects a market value of $50B by 2030; Swiss Re projects 60% year-over-year growth
- π£ Companies like Microsoft, Stripe, Nestle, others are actively seeking carbon removal services