# Noya

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/noya

- Industry: Environmental Services
- Headquarters: San Francisco, US
- Website: www.noya.co
- Total disclosed funding: $18M
- Latest round: Series A (Mar 2, 2023)
- Investors on record: 10

## About

Based in California, US, and founded in 2020, Noya PBC, doing business as Noya Inc., operates as a clean technology firm that offers carbon removal solutions. The company was founded by its CEO, Josh Santos, and CTO, Daniel Cavero. In April 2023, Noya Inc. raised USD 11 million in Series A funding, co-led by Union Square Ventures, the Collaborative Fund, Climate Capital, and Nexwell Group.

Noya provides direct air capture (DAC) technology that captures carbon dioxide directly from the atmosphere, helping to combat climate change by reducing greenhouse gas emissions. The company collaborates with clean energy and CO2 storage companies to provide carbon removal credits to its customers. In addition, the company designed an end-to-end monitoring, reporting, and verification (MRV) system to guarantee transparency in its carbon removal and emission reduction operations.

The company plans to use the funds raised in April 2023 to grow its testing and manufacturing capabilities, add additional team members, and launch its first commercial pilot later this year.

## Funding rounds

- Series A, Mar 2, 2023, $17M — EQT, Union Square Ventures, Collaborative Fund, Fifty Years, Lowercarbon Capital, MCJ, Nexwell Group, Climate Capital
- Seed, Feb 24, 2021, $1.2M — Y Combinator, Pioneer Fund, Fifty Years, Lowercarbon Capital, MCJ

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed
- Fifty Years (https://capitalatlas.ai/funds/fifty-years) — Seed, Series A
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Seed, Series A
- MCJ (https://capitalatlas.ai/funds/mcj) — Seed, Series A
- EQT (https://capitalatlas.ai/funds/eqt) — Series A
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series A
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series A
- Nexwell Group — Series A
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Series A