Santa Monica, CA - Avnos, Inc., a leading company in the environmental services industry, is delighted to announce that it has successfully raised $80 million in a recent funding round. The investment was led by Shell and JetBlue Ventures, both renowned global leaders in their respective industries.

Avnos, founded by Will Kain, is committed to revolutionizing the field of carbon capture and contributing to global decarbonization efforts. The company's primary focus is on advancing its innovative Hybrid Direct Air Capture (HDAC™) technology, which surpasses conventional Direct Air Capture (DAC) methods by efficiently capturing carbon dioxide (CO2) from the atmosphere, making Avnos water positive and carbon negative.

With this substantial infusion of funds, Avnos aims to accelerate the commercialization and deployment of its groundbreaking HDAC™ technology worldwide. Unlike traditional DAC methods, HDAC™ offers unparalleled flexibility and efficiency in capturing CO2 from any location on Earth. This breakthrough technology holds tremendous promise in mitigating the impacts of climate change and achieving sustainability goals.

"We are thrilled to secure this significant investment to further our mission of combating climate change through innovative carbon capture solutions," said Will Kain, the founder of Avnos. "This funding will enable us to scale up our operations and expand the reach of our HDAC™ technology, bringing us one step closer to a carbon-neutral future."