We are delighted to announce that Capture6 has become the first Direct Air Capture (DAC) startup in the US to receive technology approval from the Bay Area Air Quality Management District, in partnership with IBank California, for its loan guarantee program for climate tech entrepreneurs.
Capture6 will use the loan guarantee to mobilize debt financing for our pilot DAC and water recovery project in Southern California. The loan guarantee is a debt financing breakthrough for hard, infrastructure climate tech startups like Capture6 who cannot easily access debt financing.
Unlocking debt financing is essential for infrastructure climate tech startups as we need more than venture capital funding for rapid scale-up and deployment of DAC facilities. To that end, Capture6 is fully committed to working with banks and financial institutions, especially green banks across the U.S. including members of Coalition for Green Capital’s American Green Bank Consortium.
We are thrilled to announce a milestone carbon removal purchase agreement. Terraset, an anti-GHG 501(c)(3), has purchased high-quality carbon removal from Capture6, getting us one step closer to achieving gigaton scale carbon removal. … Read More
Capture6 is pleased to announce the appointment of a new member to its board. Ruth M. Cross is a distinguished international leader, bringing significant experience in leading community development and social impact initiatives throughout the Pacific Island region. … Read More
Capture6 named a finalist of the World Water Challenge 2023. This 9th edition of World Water Challenge is an important platform to share innovative scientific, policy and technological methods with a broad network of global water stakeholders. … Read More