Noya, a San Francisco-based startup, has raised a total of $11M in Series A funding from notable investors such as Climate Capital, Union Square Ventures, Collaborative Fund, MCJ Collective, EQT Foundation, and Nexwell. Led by founder Josh Santos, the company is at the forefront of renewable energy semiconductor manufacturing and is focused on deploying Direct Air Capture technology to remove excess CO2 from the atmosphere. Their innovative approach to carbon removal will help accelerate the global transition to carbon negativity, and they offer carbon removal credits to pioneering companies looking to credibly reach net zero targets.
With the U.S. Inflation Reduction Act of 2022 passing into law, there's now an unparalleled opportunity for Direct Air Capture companies that capture 1,000+ tons of CO2 per deployment, and Noya is committed to moving forward with these projects first to quickly scale up to achieve this. The initial R&D focused on retrofitting cooling towers for Direct Air Capture, and with more data and an amazing team of scientists, engineers, and operators, Noya has developed a scalable, cost-effective, and energy-efficient solution for carbon removal. Join Noya in building a better future and helping restore a healthy balance of carbon in the atmosphere.