Climate tech startup Vycarb has raised $5 million in seed funding. The money will help the company develop its new method of capturing and storing carbon using natural waters. SGInnovate is one of the investors in this funding round.
The funding round was led by Australia’s Twynam. Other investors included MOL Switch, Hatch Blue, Clocktower Ventures, Idemitsu, and SGInnovate.
This strong support shows growing confidence in new climate solutions that are scalable, long-lasting, and have measurable impact in fighting climate change.
With this new funding, Vycarb plans to speed up the launch of its products and expand worldwide. Its water-based carbon capture system will help industries reduce emissions and move closer to a low-carbon future.
Vycarb’s system allows CO₂ to be stored directly where it is produced, providing an alternative to traditional carbon capture methods that need energy-heavy compression and transport.
The company uses common minerals to turn CO₂ from industrial or natural sources into dissolved bicarbonate in natural waters, creating a stable and abundant carbon storage that can last from 10 to over 100,000 years.
“The world urgently needs scalable carbon storage that’s permanent, measurable, and practical,” said Dr Garrett Boudinot, Founder and CEO of Vycarb.
“Our mission is to make carbon capture and storage permanent, fully measurable, and scalable to address the urgency of the climate crisis. This investment enables us to further build our expert team and expand deployments at more sites worldwide, particularly where traditional carbon storage solutions are too expensive or infrastructure-intensive to be practical.”
Vycarb’s technology uses existing water and coastal infrastructure, turning it into a platform for fighting climate change. The process not only removes carbon dioxide but also helps reduce acidification in nearby waters.
Its sensor-based system tracks CO₂ capture and storage in real time, ensuring accurate measurement — an important feature as global rules for carbon credit reliability continue to develop.
“Decarbonising industry at scale demands bold solutions, and that’s exactly what Vycarb delivers,” said Johnny Kahlbetzer, CEO and Chair of Twynam. “Their system is elegant, effective, and deeply aligned with our vision to remove and permanently store CO₂ at breakthrough unit economics.”
“Vycarb’s approach aligns with SGInnovate’s mission to back innovative companies turning research into tangible solutions,” said Hsien-Hui Tong, Executive Director – Investments at SGInnovate.
“With global demand for deployable, measurable carbon capture and storage technologies and Singapore’s goal of reaching net zero emissions, we are proud to support the Vycarb team as they scale their impact worldwide.”
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