The “greenhouse effect” has been gradually changing the Earth’s climate for decades. According to National Geographic, levels of carbon dioxide, the most dangerous greenhouse gas, have reached a record high.
This climate change not only affects global warming, but it is also resulting in extreme weather events, rising sea levels, altered wildlife populations and habitats, and a host of other detrimental events.
ReCarbon, a GreenTech startup from Silicon Valley, has developed a method to turn these harmful waste greenhouse emissions into valuable, revenue-generating gases and byproducts.
The company has developed a scalable, configurable and serviceable technology to reduce and recycle carbon dioxide and methane emissions—by turning them into valuable hydrogen gas and syngas.
To accomplish this, ReCarbon’s patented Plasma Carbon Conversion Unit (PCCU)—a concept that uses microwave plasma technology—disassociates CO2 and CH4 (carbon dioxide and methane) into H2 and CO (hydrogen and carbon monoxide, which are used to make syngas).
To further commercialise its technology to create renewable syngas and hydrogen products across multiple industries worldwide, ReCarbon has raised $7 million in Series B funding from Seoul-based Doosan Mecatec.
“We are so pleased to have a shareholder with such technical expertise and global reach,” ReCarbon president and CEO Dr Jay Kim said in a statement. “ReCarbon can now continue with confidence in rapidly commercializing our technology and seeing carbon dioxide and methane emissions being transformed into renewable syngas and hydrogen products in all key markets.”
“As a leading player in the global market, we see our investment in ReCarbon as continuing our focus in leveraging state-of-the-art technologies toward a new energy future, such as the global hydrogen economy,” said Dr Ho Seon Shin, CEO of Doosan Mecatec.
