Kenya: Octavia Carbon raises capital to advance carbon capture technology

Octavia Carbon, based in Kenya, has secured investment from Renew Capital to advance its direct air capture technology

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Octavia Carbon, based in Kenya, has secured investment from Renew Capital to advance its direct air capture (DAC) technology, focusing on CO₂ extraction from the atmosphere. The company aims to combat climate change by designing, building and deploying machines that directly capture atmospheric CO₂ using DAC technology.

"Carbon capture technologies have a crucial role to play in addressing climate change," stated Martin Freimüller, founder and CEO of Octavia Carbon. "Our DAC technology will help reduce carbon emissions in the global pursuit for a net-zero future."

Octavia Carbon provides carbon credits for purchase, enabling companies and individuals to offset their carbon footprint affordably.

"Octavia Carbon's innovative technology and recognition of the growing demand for durable and verifiable carbon credits in the carbon market continues to position Africa as an active contributor to global climate solutions," said Esther Mwikali, investment manager at Renew Capital. "We're excited to support Octavia in their efforts."

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