Carbon
2 companies
Fugu
FeaturedAustralia
Fugu's proposition is that Direct Air Capture will only reach gigaton scale through radical modularity — units small enough to manufacture at volume in a factory, deploy anywhere, and aggregate into large arrays. Their modular DAC units are designed to be fully self-contained, powered by co-located renewable energy, and deployable at locations where captured CO₂ can be sequestered nearby — such as above basalt formations suitable for mineralisation. The modularity also addresses the cost reduction challenge: learning curve effects are far more powerful in high-volume manufactured products than in custom-engineered large plants. Fugu takes inspiration from how solar panels achieved cost reductions through repetitive manufacturing, and applies that logic to carbon capture hardware. The company is early-stage but is part of a growing cluster of startups betting that modular, distributed DAC is the only path to the scale the climate problem demands.
Founders
Investors
Investible
Climeworks
Switzerland
Climeworks operates the world's largest commercial direct air capture plant in Iceland, permanently mineralising CO₂ in basalt rock and selling verified removal credits to corporate buyers.