RepAir Carbon is making carbon removal machines inspired by batteries

In the span of a decade, direct air capture technology that draws CO 2 out of the atmosphere has gone from wildly expensive to somewhat expensive. Companies like Microsoft, which set a target to eliminate its emissions by 2030, is happy to pay more to get the ball rolling. But smaller companies would still balk at the prices. A startup may have an answer, one that’s been inspired by batteries. RepAir Carbon is developing a new form of carbon capture the company says could drive the cost down as low as $70 to $80 per metric ton of carbon removed. That’s a significantly lower price than other approaches, which experts estimate cost around $600 per metric ton. RepAir recently raised a $15 million extension to its Series A, the company exclusive told TechCrunch. The round was led by Exantia Capital and Taranis Carbon Ventures with participation from Ormat Technologies and Repsol. The Israeli Innovation Authority also contributed a $3 million grant. The potential cost advantage comes fro ... Read full article.