What is Mission Zero Technologies?
Founded in 2020 as a spin-out from Deep Science Ventures, Mission Zero Technologies is a pioneering force in the climate technology sector. The company specializes in developing high-efficiency, patent-pending DAC technology designed to extract CO2 directly from the atmosphere. By focusing on modular and scalable carbon removal, Mission Zero addresses the critical need for negative emissions technologies required to meet net-zero targets. Their market position is bolstered by strategic partnerships with industry leaders in mining and infrastructure, allowing the company to integrate its carbon capture systems into existing industrial processes, thereby enhancing the economic viability of carbon removal at scale.
How much funding has Mission Zero Technologies raised?
Mission Zero Technologies has raised a total of $32.6M across 2 funding rounds:
Angel/Seed
$5M
Series A
$27.6M
Angel/Seed (2022): $5M with participation from Breakthrough Energy Ventures and Anglo American
Series A (2024): $27.6M led by Fortescue, 2150, World Fund, and Siemens
Key Investors in Mission Zero Technologies
Fortescue
A global leader in resource extraction and sustainable energy, Fortescue focuses on integrating clean energy solutions into large-scale industrial operations.
2150
A venture capital firm specializing in the Urban Stack, 2150 invests in technology champions that aim to reduce emissions and improve sustainability in urban environments.
World Fund
A prominent European venture capital fund that targets startups with the potential to reduce at least 100 million tons of CO2e emissions annually.
What's next for Mission Zero Technologies?
With the recent capital infusion, Mission Zero Technologies is set to scale its operational footprint significantly. The company's roadmap includes the expansion of its pilot programs and the refinement of its electrochemical capture processes to improve energy efficiency and cost-effectiveness. As the firm moves beyond its initial development phase, the focus will shift toward commercializing its technology for diverse industrial applications, including synthetic fuel production and permanent carbon sequestration. Investors are closely monitoring the company's ability to bridge the gap between laboratory innovation and large-scale industrial implementation, a critical milestone for the future of the global carbon removal market.
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