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 know-how, 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 know-how eliminates a number of the most energy-intensive steps of the worth chain, enabling cost-competitive, large-scale manufacturing of e-fuels and chemical compounds, whereas drastically reducing greenhouse gasoline emissions. Aerleum is setting the quickest timeline out there to attain value parity with fossil fuels, providing industries—comparable to maritime, aviation, and chemical compounds—a viable path to decarbonization with out compromising on price or scalability.
“Our mission has been clear for the reason that 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 serious step ahead in scaling our know-how to fulfill 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 additionally solves the financial challenges usually related to clear vitality options. Not like typical pathways that stay expensive and restricted by location, Aerleum’s innovation is able to scale globally, optimizing co-location for low-carbon hydrogen sourcing and offering industries around the globe with a viable different to fossil fuels.
Aerleum is initially specializing in e-methanol, a clear, energy-dense gasoline that’s quickly gaining momentum as a key different within the maritime and aviation sectors. E-methanol presents important advantages by decreasing greenhouse gasoline emissions, reducing air pollution, and serving as a wonderful vitality 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 transport and aviation industries face growing stress 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 business gamers and prospects to deploy its know-how in sectors the place emissions reductions are essential. “Aerleum’s imaginative and prescient is to remodel industries and create a round carbon economic 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, successful prestigious awards together with the CMA CGM “Maritime Decarbonization” Award, the Technip Energies “Clear Maritime Problem”, the Prix Pépite, and extra lately the 2024 i-lab state innovation problem. The corporate has obtained robust funding help from Bpifrance and the Région Grand Est, which has been instrumental in serving to Aerleum obtain its milestones.
Moreover, Aerleum is being accelerated via packages comparable to Accelair by Air Liquide, ZEBOX by CMA CGM, and Semia, all of which offer invaluable help in scaling its modern options.
“We have 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 programs, and their economically sound enterprise mannequin opening the best way to giant scale functions,” added Alexandre Mordacq and François Tison from 360 Capital.
“What really units Aerleum aside is the highly effective mixture of breakthrough know-how and an audacious imaginative and prescient to switch environmentally dangerous chemical compounds like methanol with a sustainable, carbon-neutral different. This imaginative and prescient aligns completely with HTGF’s dedication to fostering innovation that not solely drives enterprise progress but additionally contributes to a more healthy planet. In only one yr, the crew has demonstrated exceptional pace and execution, reaching important technical milestones that spotlight their capability to scale quickly. We’re excited to help Aerleum on the following stage of their journey,” commented Timo Bertsch from HTGF.
