Octavia Carbon
OperatingOctavia Carbon is using Direct Air Carbon Capture to stop climate change and reinvent humanity's relationship with carbon.
- Direct Air Carbon Capture
- Nairobi, Kenya
- Seed
- Founded 2022
- octaviacarbon.com ↗
- Total raised
- $5M
- disclosed
- Last round
- $3.9M
- Seed
- Rounds
- 10
- since 2022
- Investors
- 10
- on record
- Employees
- 2-10
About Octavia Carbon
Octavia Carbon is the Global South’s first Direct Air Carbon Capture (DACC) company. We aim to use Kenya’s geothermal energy, geology and talent to radically accelerate DACC down the cost curve. Humanity knows how to make climate tech cheap – leveraging global supply chains, we have achieved this for solar PV, batteries, and numerous other tech. Octavia Carbon’s mission is to leverage Kenya’s unique endowments to make the same happen for DACC. Octavia Carbon designs and builds DACC machines using well-proven amine-based air filters to supply our global partners with cost-effective CO2 solutions. At the same time, we are working to bring online East Africa’s large potential for DACC + geological CO2 sequestration. Our first commercial machines, coming online in early 2023, will cement us as a trusted partner. By 2025, our aim is to make Kenya the world’s most cost-effective hub to build and deploy DACC machines.
Octavia Carbon funding10 rounds
All 10 rounds →Octavia Carbon has raised $5M across 10 disclosed rounds. The latest is a $3.9M Seed announced 16 Oct 2024, led by Lateral Frontiers.
- $100KPre-seedPre-seed, $100K, $100K raised to date
- $200KPre-seedPre-seed, $200K, $300K raised to date
- $100KPre-seedPre-seed, $100K, $400K raised to date
- $100KPre-seedPre-seed, $100K, $500K raised to date
- $300KPre-seedPre-seed, $300K, $800K raised to date
- $300KPre-seedPre-seed, $300K, $1.1M raised to date
- $3.9MSeedSeed, $3.9M, $5M raised to date
SLA Funding Index · grey is capital raised before each round · 3 undisclosed rounds not drawn
Who has invested in Octavia Carbon
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 16 Oct 2024 | Octavia Carbon Seed | Lateral Frontiers +5 | $3.9M |
| 26 Mar 2024 | Octavia Carbon Non-equity Assistance | Third Derivative | Not disclosed |
| 01 Feb 2024 | Octavia Carbon Pre-seed | Not disclosed | $300K |
| 03 Jan 2024 | Octavia Carbon Venture | Renew Capital | Not disclosed |
| 01 Oct 2023 | Octavia Carbon Pre-seed | Not disclosed | $300K |
| 24 Aug 2023 | Octavia Carbon Non-equity Assistance | Village Capital +1 | Not disclosed |
| 16 May 2023 | Octavia Carbon Pre-seed | Shared Future Fund | $100K |
| 03 Apr 2023 | Octavia Carbon Pre-seed | Not disclosed | $100K |
| 11 Jan 2023 | Octavia Carbon Pre-seed | Catalyst Fund | $200K |
| 08 Aug 2022 | Octavia Carbon Pre-seed | Not disclosed | $100K |
Octavia Carbon founders & team
- Martin FreimüllerFounder & CEO
Octavia Carbon competitorssame sector · similar funding
- AirQoKampala, Uganda
- Bio-LogicalNairobi, Kenya
Frequently asked about Octavia Carbon
- Where is Octavia Carbon based and when was it founded?
- Octavia Carbon is headquartered in Nairobi, Kenya and was founded in 2022.
- Who founded Octavia Carbon?
- Octavia Carbon was founded by Martin Freimüller (Founder & CEO).
- Who is the CEO of Octavia Carbon?
- Martin Freimüller is Octavia Carbon's Founder & CEO.
- How much funding has Octavia Carbon raised?
- Octavia Carbon has raised $5M across 10 disclosed rounds. Its latest, a $3.9M Seed, was announced on Oct 16, 2024.
- Who has invested in Octavia Carbon?
- Backers include Lateral Frontiers, E4E Africa, Catalyst Fund, Renew Capital and 6 others.
- What sector is Octavia Carbon in?
- Octavia Carbon operates in Direct Air Carbon Capture, Environmental Services and DACC.
