LOS ANGELES--(BUSINESS WIRE)--CarbonCapture Inc., a US climate tech company that designs, manufactures and deploys direct air capture (DAC) systems that remove carbon dioxide from the atmosphere, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. The startup, founded by Bill Gross of Idealab, develops its DAC systems based on a ground-breaking modular open systems architecture that positions the company for rapid deployment and scale-up.
The World Economic Forum’s Technology Pioneers are early-stage companies that are at the forefront of new technologies and innovation and are poised to have a significant impact on business and society.
“We’re excited to welcome CarbonCapture Inc. to our 2023 cohort of Technology Pioneers,” said Verena Kuhn, Head of Innovator Communities at the World Economic Forum. “CarbonCapture Inc. and its fellow pioneers are at the forefront of innovation and disruption needed to help us solve the world's most pressing issues. We look forward to their contribution to the Forum's content work that brings together public and private sector to tackle these global issues."
As a Technology Pioneer, CarbonCapture Inc. CEO and CTO Adrian Corless will be invited to engage with the World Economic Forum, working with global leaders to help address key industry and societal issues. Technology Pioneers will also be invited to join Forum events and discussions throughout the year, bringing together leading stakeholders from the public and private sector.
“It’s an honor to be acknowledged as a Technology Pioneer by the World Economic Forum,” said Corless. “We are looking forward to engaging in the Forum’s Centre for Energy and Materials to explore how we can best engage the global community in scaling and optimizing direct air capture solutions at planetary scale.”
This year’s Technology Pioneer cohort includes startups from 31 economies, with a third led by a woman chief executive. China has the second highest representation with 12 Technology Pioneers, behind the US with 29 companies.
More information on this year’s Technology Pioneers can be found here.
More information on past winners, information on the community and the application link can be found here.
About CarbonCapture Inc.
CarbonCapture develops and deploys direct air capture (DAC) machines that can be connected in large arrays to remove massive amounts of CO2 from the atmosphere. With a ground-breaking modular open systems architecture, the company’s technology platform allows for plug-and-play upgrades, mass production, unlimited scalability, and rapid technology iterations. CarbonCapture’s systems capture atmospheric CO2 for either permanent removal or for utilization in low-carbon synthetic fuels, concrete, and other industrial products.
For more information, please visit carboncapture.com
About the World Economic Forum
The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).
About the Technology Pioneers
Launched in 2000, the Technology Pioneer community is composed of early-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. The World Economic Forum provides the community with a platform to engage with public and private sector leaders and to contribute new solutions to overcome the current crisis and build future resiliency.
The Technology Pioneers community is part of the Innovator Communities within the Forum's Centre for the Fourth Industrial Revolution. The Innovator Communities convene the world's leading global startups across different growth stages from early-stage Technology Pioneers to growth-stage Global Innovators and unicorn companies valued at more than $1 billion.
