To fast-track the commercialization of Direct Ocean Capture (DOC) technology, Captura is advancing research, development, and demonstration (RD&D) efforts in Los Angeles and Hawaii. This expansion aims to accelerate the completion of a piloting program and ready the technology for deployment in large-scale commercial plants.
Captura announced it expanded its Series A funding round to raise an additional US$21.5 million to commercialize its Direct Ocean Capture (DOC) technology that harnesses the power of the ocean to absorb carbon dioxide (CO2) from the atmosphere.