Aerleum, a pioneering local weather tech firm specializing in CO₂ seize and utilization, introduced the profitable shut of its €5.5 million seed spherical, led by 360 Capital and HTGF, with participation from Norrsken, Bpifrance, and Marble. The funding will speed up the industrialization of Aerleum’s breakthrough expertise, which transforms atmospheric CO₂ and low-carbon hydrogen into artificial fuels (e-fuels) and chemical compounds, propelling hard-to-abate sectors towards a carbon-neutral future.
Aerleum’s game-changing resolution captures and converts CO₂ in a single reactor, utilizing proprietary bifunctional supplies and precision heating. The corporate’s expertise eliminates a few of the most energy-intensive steps of the worth chain, enabling cost-competitive, large-scale manufacturing of e-fuels and chemical compounds, whereas drastically chopping greenhouse gasoline emissions. Aerleum is setting the quickest timeline available in the market to attain worth parity with fossil fuels, providing industries—equivalent to maritime, aviation, and chemical compounds—a viable path to decarbonization with out compromising on value or scalability.
“Our mission has been clear because the starting: to make e-fuels as inexpensive and accessible as fossil fuels,” stated Sébastien Fiedorow, co-founder & CEO of Aerleum. “With this seed spherical, we’re taking a significant step ahead in scaling our expertise to satisfy the pressing demand for decarbonization. We’re right here to reshape whole industries, enabling them to attain net-zero emissions sooner and extra effectively.”
Aerleum not solely addresses the urgency of the local weather disaster but in addition solves the financial challenges sometimes related to clear power options. In contrast to typical pathways that stay pricey and restricted by location, Aerleum’s innovation is able to scale globally, optimizing co-location for low-carbon hydrogen sourcing and offering industries world wide with a viable various to fossil fuels.
Aerleum is initially specializing in e-methanol, a clear, energy-dense gas that’s quickly gaining momentum as a key various within the maritime and aviation sectors. E-methanol provides important advantages by decreasing greenhouse gasoline emissions, chopping air pollution, and serving as a superb power provider because it stays liquid at ambient temperature—making it straightforward to move and retailer. With the worldwide e-methanol market projected to develop considerably because the maritime delivery and aviation industries face rising strain to decarbonize, Aerleum is well-positioned to guide this transformation.
With the seed funding secured, Aerleum is poised to launch its first full-scale pilot unit. The corporate will work intently with key trade gamers and prospects to deploy its expertise in sectors the place emissions reductions are essential. “Aerleum’s imaginative and prescient is to remodel industries and create a round carbon financial system, the place the CO₂ current within the air turns into the useful resource,” commented Steven Bardey, co-founder & CTO of Aerleum.
Aerleum has already gained important recognition, profitable prestigious awards together with the CMA CGM “Maritime Decarbonization” Award, the Technip Energies “Clear Maritime Problem”, the Prix Pépite, and extra just lately the 2024 i-lab state innovation problem. The corporate has obtained robust funding assist from Bpifrance and the Région Grand Est, which has been instrumental in serving to Aerleum obtain its milestones.
Moreover, Aerleum is being accelerated by way of packages equivalent to Accelair by Air Liquide, ZEBOX by CMA CGM, and Semia, all of which offer invaluable assist in scaling its progressive options.
“We had been seduced by Aerleum’s imaginative and prescient of a world the place petroleum would get replaced by the CO2 current within the air – a imaginative and prescient rooted in actuality as demonstrated by their first techniques, and their economically sound enterprise mannequin opening the best way to giant scale purposes,” added Alexandre Mordacq and François Tison from 360 Capital.
“What really units Aerleum aside is the highly effective mixture of breakthrough expertise and an audacious imaginative and prescient to switch environmentally dangerous chemical compounds like methanol with a sustainable, carbon-neutral various. This imaginative and prescient aligns completely with HTGF’s dedication to fostering innovation that not solely drives enterprise progress but in addition contributes to a more healthy planet. In only one 12 months, the crew has demonstrated exceptional velocity and execution, attaining important technical milestones that spotlight their capability to scale quickly. We’re excited to assist Aerleum on the subsequent stage of their journey,” commented Timo Bertsch from HTGF.
