ATLANTA--(BUSINESS WIRE)--ZeoDAC, Inc., an exciting new technology entrant into the direct air capture of carbon dioxide arena, announced the company launch. ZeoDAC’s mission to Capture Carbon Dioxide from Air to Create a Better Tomorrow employs advantaged solid materials (best in class zeolites) to capture carbon in a process that enables rapid scale up for efficient, direct air carbon capture (DAC) with a diverse end-product strategy. The company is founded by industry veterans and technical pioneers Professor Christopher W. Jones, an international expert in direct air capture of carbon dioxide technologies from Georgia Tech, and Mark E. Davis, a chemical engineering Professor from Caltech, who has brought multiple academic innovations to commercial success, including zeolite-based processes. ZeoDAC, Inc. launches with an international group of investment partners that include: Wilson Hill Ventures, Caltech, Coca-Cola Europacific Partners, Freeflow Ventures and Global Brain.
“ZeoDAC’s CO2 capture process leverages chemically and mechanically robust solid sorbents with established supply chains deployed in an energy efficient temperature-vacuum swing adsorption cycle, leading to a simple yet economically advantaged process,” remarks Christopher Jones.
By combining these innovations and expertise, ZeoDAC aims to provide a compelling economic advantage for large-scale, commercial carbon capture and use. The company has raised several million dollars from institutional venture capital and strategic investors led by Wilson Hill Ventures.
We’re honored to back this “dream team” of experienced engineers and entrepreneurs on their path to accelerate our low carbon future”, said Ajay Kshatriya from Wilson Hill Ventures. “ZeoDAC can deliver compelling Net Present Value (NPV) to industrial partners on an international scale, enabling a multibillion-dollar market with positive impacts for the climate.”
ZeoDAC not only captures carbon dioxide but also water, allowing for the production of several valuable end-products that can drive an economic return while delivering an environmental benefit.
"We are excited to embark on this journey with ZeoDAC. We believe that Direct Air Capture offers the potential for us to source sustainable ingredients and materials while reducing our environmental footprint. After extensively reviewing the market, we are confident that ZeoDAC's novel approach provides the affordability, scalability, and energy efficiency needed to become a major player in the DAC industry,” said Nicola Tongue, Associate Director, Coca-Cola Europacific Partners.
About ZeoDAC, Inc.
ZeoDAC, Inc. was founded in June, 2023 by Professors Christopher Jones at Georgia Tech and Mark E. Davis at Caltech. The company is based on zeolite and molecular sieve discoveries and the decades of experience of the Davis lab in this sector, and the extensive DAC expertise of Jones research program. ZeoDAC has the exclusive, world-wide license to the intellectual property from the Davis lab at Caltech. ZeoDAC is hosted in the Advanced Technology Development Center (ATDC) on the campus of Georgia Tech in Atlanta, Georgia.
For more information, please visit www.zeodac.com
About Wilson Hill Ventures
Wilson Hill Ventures mission is to build world-beating startups from world-leading science and technology from Caltech. We are a team of seasoned investors and executives with decades of experience in deploying venture capital to commercialize breakthrough science.
For more information, please visit www.wilsonhillvc.com
About Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is one of the leading consumer goods companies in the world. We make, move and sell some of the world’s most loved brands. CCEP Ventures (CCEPV) is Coca-Cola Europacific Partners’ (CCEP’s) innovation investment engine, that helps to find, fund and foster transformative solutions to support CCEP’s net zero 2040 ambition. CCEPV works with partners and innovators through investment, academic funding and commercial relationships to meet waste and emissions reduction challenges and help deliver a low carbon future.
For more information about this project and CCEP's sustainability initiatives, please visit https://www.cocacolaep.com/sustainability/this-is-forward/ or contact hbutler@ccep.com
