Phlair
Latest round
- Seed
Last raised
- Jun 2024
Total raised
- $16M
Investors
- 10
About Phlair
Phlair GmbH, founded in 2022 in Ismaning, Germany, operates in the carbon capture sector. The company was co-founded by Malte Feucht, Nicolas Chalons, and Paul Teufel.5 mn.Phlair specializes in Direct Air Capture (DAC) technology, focusing on the development and deployment of innovative solutions for carbon removal from the atmosphere. Their core product, the Hydrolyzer, enables the efficient generation of acid and base, essential for their DAC operations. Phlair's technology is designed to be fully compatible with renewable energy sources, particularly solar power, making it scalable and capable of achieving low energy costs for CO2 capture. The company targets various geographical markets, including Germany and Canada, with plans for significant projects such as Electra 00, Electra 01, and Dawn, which will contribute to CO2 removal in these regions.Phlair’s revenue model is structured around direct transactions with clients seeking carbon removal solutions and technology partnerships. The company provides verified carbon removal credits, allowing clients to effectively offset their emissions, while also offering the opportunity to develop customized projects integrating DAC technology. These transactions involve direct sales agreements where clients purchase carbon removal credits or enter partnerships to implement DAC solutions tailored to their specific needs. Pricing structures for these services are aligned with the scale of projects, ranging from small-scale installations to larger initiatives, such as those planned for 2025 and beyond. The company is also targeting expansion into new markets in Canada, alongside its existing operations in Germany, with specific projects planned to enhance carbon removal capabilities in these regions.
Who invested in Phlair
10 investors across 1 round
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Funding rounds
Seed
Jun 7, 2024
Amount
$16M
Investors
Questions about Phlair
Who invested in Phlair?
Phlair has 10 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Phlair raised?
Phlair has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Phlair last raise money?
Phlair's most recent round on record is a Seed, in Jun 2024.
What does Phlair do?
Phlair GmbH, founded in 2022 in Ismaning, Germany, operates in the carbon capture sector.
Where is Phlair headquartered?
Phlair is headquartered in Ismaning, Germany.
Which VCs invest in companies like Phlair?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back environmental services companies at Phlair's stage. Their profiles are linked below.
VCs backing environmental services startups at Seed
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