Carbon Reform, a revolutionary building technology that reduces CO2, improves air quality, and saves energy from buildings, has announced a $3 million early investment. The round was led by Azolla Ventures, a Prime Coalition-created climate tech venture capital firm that invests in early-stage technology startups with the potential for gigaton-scale climate impact. Virya LLC, Revolution’s Rise of the Rest Seed Fund, Plug and Play Ventures, Gaingels, and Preston Schell are among the other investors in the round.
Traditional commercial building HVAC systems consume a massive amount of energy, the majority of which is spent heating, cooling, or otherwise conditioning outside air. Any additional air purification done inside the building frequently results in increased energy consumption, which harms both the structure’s carbon footprint and the owner’s or tenants’ finances. Building owners face a conundrum in an age when decarbonization and good indoor air are equally important. This is where the Carbon Capsule® system from Carbon Reform comes in.
Buildings with Carbon Reform’s products installed can get the best of both worlds by combining traditional air purification techniques with novel permanent carbon capture technology: clean, healthy air low in CO2, volatile organic compounds, and pathogens, and energy savings from reduced outside air conditioning.
The seed funding will be used to expand the team, expand facilities, and install the first full-scale pilot units in commercial buildings.
