▫ Verdox, a US-based firm that collects carbon dioxide straight from the air, has secured $80 million in funding from investors, including Bill Gates’ Breakthrough Energy Ventures.
▫ According to the startup, a recent breakthrough in the crucial material used to capture CO2 has given investors the confidence to invest.
▫ Verdox believes that its material can reduce total energy consumed in carbon capture by 70% or more.