Cleantech Startup Avnos Raises $36M to Capture Carbon and Water

Cleantech Startup Avnos Raises $36 Million in Series A Funding

California-based cleantech startup Avnos announced today that it has successfully raised $36 million in its recent Series A financing round. The funding will be used to support the company’s growth and the expansion of its unique Direct Air Capture (DAC) carbon removal technology. Avnos’ proprietary Hybrid Direct Air Capture (HDAC) solution captures both water and CO2 from the atmosphere using only air, electricity, and solid sorbents. Unlike other DAC solutions, Avnos’ technology does not require water or heat, resulting in lower energy costs and a reduced environmental impact.